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Here is some information about Stokenchurch Incorporated Beta of common stock - 1.2 Treasury bill rate=4% Market risk premium - 6.5% Yield to maturity
Here is some information about Stokenchurch Incorporated Beta of common stock - 1.2 Treasury bill rate=4% Market risk premium - 6.5% Yield to maturity on long-term debt = 7% Book value of equity = $340 million Market value of equity - $680 million Long-term debt outstanding - $680 million Corporate tax rate=21% What is the company's WACC? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. WACC
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The companys WACC can be calculated using the following formula WACC Market value ...
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
