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Acme Storage has a market capitalization of $ 1 5 0 million and debt outstanding of $ 5 0 million. Acme plans to maintain this

Acme Storage has a market capitalization of $150 million and debt outstanding of $50 million.
Acme plans to maintain this same debt-equity ratio in the future. The firm pays an interest rate of 8% on its debt and has a corporate tax rate of 35%.
(5 points) If Acmes free cash flow is expected to be $25 million next year and is expected to grow at a rate of 3% per year, what is Acmes WACC?
(9 points) What is the value of Acmes interest tax shield

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