Question
Highfield Stockyard has a target debt to equity ratio of .40. The company's cost of equity is 13 percent, and its cost of debt is
| Highfield Stockyard has a target debt to equity ratio of .40. The company's cost of equity is 13 percent, and its cost of debt is 4 percent. If the tax rate is 38 percent, what is the companys WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| WACC | % |
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Process Driven Comprehensive Auditing A New Way To Conduct ISO 9001 2000 Internal Audits
Authors: Paul C. Palmes
1st Edition
0873896416, 978-0873896412
