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An analyst has collected the following information regarding Christopher Co.: The companys capital structure is 70 percent equity and 30 percent debt. The yield to
An analyst has collected the following information regarding Christopher Co.: The companys capital structure is 70 percent equity and 30 percent debt. The yield to maturity on the companys bonds is 8.6 percent. The cost of equity is 11 percent. The companys tax rate is 40 percent. Given this information, calculate the companys WACC. need answer fast.
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