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help with homework question please! A firm has two classes of securities: long-term bonds and common stock. The bonds have a yield-to-maturity of 8.1%, a
help with homework question please! A firm has two classes of securities: long-term bonds and common stock. The bonds have a yield-to-maturity of 8.1%, a total par value of $731 million, and a curtent market price of 1020% of par. The stock has 51 mittion shares outstanding and a cuirent marfet price of 537 . The stock's expected rate of return according to the CAPM is 12.0 . The firm's tax rate is 16%. What is the frm's WACC? Enter your answer as a decimal and show four decimal places, For example, if your answer is 9.25% enter .0925
help with homework question please!
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