Answered step by step
Verified Expert Solution
Question
1 Approved Answer
en/courses/161301/quizzes/205636/take Surveys Registration/Login... New Tab OLO UL Home - Myul The following intormation (extracted from Yahoo! finance for Biogen Inc.). Assuming that the market risk
en/courses/161301/quizzes/205636/take Surveys Registration/Login... New Tab OLO UL Home - Myul The following intormation (extracted from Yahoo! finance for Biogen Inc.). Assuming that the market risk premium is 9.3% and the pre-tax cost of debt is 7.7% calculate Biogen Inc's WACC. (write this number as a decimal and not as a percentage, e.g. 0.11 not 11%. Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234) WACC Weights (capital structure) Information Date: 07/20/2020 Shares outstanding 166 090 _(millions) Stock Price $ 283.4 Equity Debt $ $ 59548 (millions) (millions) Cost Components Equity Beta 0.51 U.S. Treasury yield (10-year) 15 % Tax-rate? 96 $ th
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started