Question
For #3: I used this equaiton to calculate WACC but still cannot get 14.9%. WACC formula = (Cost of Equity * % of Equity) +
For #3: I used this equaiton to calculate WACC but still cannot get 14.9%.
WACC formula = (Cost of Equity * % of Equity) + [Cost of Debt* % of Debt * (1 - tax rate)]
Can you walk me through how to arrive at it if possible?
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
