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A firm has 1 million shares of common stock outstanding, each currently trading at $ 4 0 . The firm's stock has a beta of
A firm has million shares of common stock outstanding, each currently trading at $ The firm's stock has a beta of The firm also has bonds outstanding, each with a $ par value and an percent annual coupon. The bonds mature in years and currently sell for $ You also know that the market risk premium is the return on US Treasury bills is percent, and the firm has a marginal tax rate of What is the firm's WACC?
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