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A firm has a market equity value of $30 million and debt has a market value of $10 million. What is the after tax weighted
A firm has a market equity value of $30 million and debt has a market value of $10 million. What is the after tax weighted average cost of capital (WACC) if the before tax cost of debt is 6%, the cost of equity is 16% and the tax rate is 21%?
15.30% | ||
11.14% | ||
13.19% | ||
9.66% |
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