BlackRock, Inc. (BLK) has a capital structure that consists of common stock equity and debt. The market capitalization of its equity is $80 billion, and its debt has a market value of $40 billion. BLK's cost of equity uses a beta of 1.5 , a riskfree rate of 3%, and a market return is 10%. BLK's cost of debt uses a bond price of $1.200, an annual coupon payment of $50, and 10 years to maturity. The par value is $1.000. Calculate BLK's current WACC using a 20% corporate tax rate. 2.73%14%9,73%9,91%%8 Bos birak BlackRock, Inc. (BLK) has a capital structure that consists of common stock equity and debt. The market capitalization of its equity is $80 billion, and its debt has a market value of $40 billion. BLK's cost of equity uses a beta of 1.5 , a riskfree rate of 3%, and a market return is 10%. BLK's cost of debt uses a bond price of $1.200, an annual coupon payment of $50, and 10 years to maturity. The par value is $1.000. Calculate BLK's current WACC using a 20% corporate tax rate. 2.73%14%9,73%9,91%%8 Bos birak