Heavy Industries has no debt, total equity capitalization of $600 million, and an equity beta of 1.2. Included Heavy's assets is $90 milion in cash and risk-free securities. Assume the risk-free rate is 4% and the market risk premium is 6% What is Heavy WACC?

8. Heavy industries has no debe total equity capitalization of $600 million, and an equity beta of 1.2. Included in heavy's assets is $90 milion in cash and risk-free securities. Assume the risk-free rate is 4% and the market risk prenimis 6X What is Heavy WACC? 61 2 A BIE 25+12*6%-0.112 1