Question
If the same company from the previous question used 6% ROR for loans, 7% ROR for bonds, and 13% ROR for stocks, and also used
If the same company from the previous question used 6% ROR for loans, 7% ROR for bonds, and 13% ROR for stocks, and also used a 50% tax rate, what is the WACC? Enter the answer as a percentage. For example 12.34% is 12.34. Keep 2 decimal places and do not enter the % symbol.
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
