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ASAP NEED HELP Game Advances share is currently trading at $50, and its market capitalization is $7 million. The firm's beta is 2.25, the risk-free
ASAP NEED HELP
Game Advances share is currently trading at $50, and its market capitalization is $7 million. The firm's beta is 2.25, the risk-free rate is 2.4%, and the market risk premium is 4%. The firm has 5,000 bonds outstanding, with a par of $1,000 and an 8% coupon rate. The bonds will mature in 6 years, pay annual coupons and trade currently at a 10% premium. The firms tax rate is 30%. What is Game Advances WACC? If Game Advance were an unlevered firm (with no debt), then what would be its WACC?
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