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An automotive company holds 40% in debt and has total assets of EUR 650,000 in 2020. The company's cost of equity is 6% and its
An automotive company holds 40% in debt and has total assets of EUR 650,000 in 2020. The company's cost of equity is 6% and its cost of debt 3%, and its corporate tax rate is 30%. | ||||||||||||||||
What is the company's WACC (Weighted average cost of capital)? |
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