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Given the information below, calculate WACC. Equity: Beta 0.9 Rm 12% Rf 5% Market price of shares $12 Total number of shares 1,000,000 Debt: Book

Given the information below, calculate WACC.

Equity:

Beta

0.9

Rm

12%

Rf

5%

Market price of shares

$12

Total number of shares

1,000,000

Debt:

Book Value of debt

10 million

Market Value of debt

9 Million

Coupon Rate

10%

Time to Maturity

8

Other Information:

Tax Rate

40%

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