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If the risk-free rate is 0.8% and the expected madket return is 8.1%, what is the WACC of the company with the following characteristics? Market
If the risk-free rate is 0.8% and the expected madket return is 8.1%, what is the WACC of the company with the following characteristics?
Market value of debt: $580 million
Market price of each share: $24
number of shares outstanding: 80 million
tax rate: 15%
the average yield on current debt (pre-tax cost of debt): 6%
Beta: 1.6
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Multinational Finance Evaluating The Opportunities Costs And Risks Of Multinational Operations
Authors: Kirt C. Butler
6th Edition
111921968X, 978-1119219682
