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if the risk-free rate is 0.8% and the expected market return is 7.4%, what is the WACC of the company with the following characteristics? Market
if the risk-free rate is 0.8% and the expected market return is 7.4%, what is the WACC of the company with the following characteristics?
Market value of debt: $443 million
number of shares outstanding: 64 million
market price of each share: $20
tax rate: 19.3%
the average yield on current debt (pre-tax cost of debt): 4.2%
beta: 1.3
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Global Banking
Authors: Roy C Smith, Ingo Walter, Gayle DeLong
3rd Edition
0195335937, 9780195335934
