Given the following information about Dunder-Mifflin Inc., Dunder-Mifflin will maintain its current capital structure. The weighted average cost of capital (WACC) of Dunder-Mifflin Inc. is
Given the following information about Dunder-Mifflin Inc., Dunder-Mifflin will maintain its current capital structure. The weighted average cost of capital (WACC) of Dunder-Mifflin Inc. is ________percent.
Cost of Debt (YTM of bonds) 7.20%
Cost of Common Stock 12%
Market Value of Common Stock 200 Million
Market Value of Debt (bonds) 100 Million
Tax Rate 34%
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Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
