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BAC (Bank of America Corp) has the following data. Use this to calculate its WACC: (1) A beta of 1.55. (2) The risk-free rate is.5%

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BAC (Bank of America Corp) has the following data. Use this to calculate its WACC: (1) A beta of 1.55. (2) The risk-free rate is.5% and the market risk premium is 6%. (3) BAC has a MVE (market value of equity) of $215,000,000,000. (4) BAC has $265,000,000,000 in bonds (debt) outstanding. (5) BAC has an effective tax-rate of 21% and the YTM on its debt is 4.1%. O 7.35% O 9.80% 6,65% O 6.18%

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