Question
Cougar Corp has market value of $26 million of equity and a market value of $10 million of debt. Cougar Corp has a tax rate
Cougar Corp has market value of $26 million of equity and a market value of $10 million of debt. Cougar Corp has a tax rate of 20%. If Cougar Corp has a cost of equity of 11.7% and a cost of debt of 7.4%, what is the WACC for Cougar Corp?
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
