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Jack Corporation(JC) has $600,000 in equity and $400,000 in debt and its tax rate is 35%. JC has cost of equity of 6% and before
Jack Corporation(JC) has $600,000 in equity and $400,000 in debt and its tax rate is 35%. JC has cost of equity of 6% and before tax cost of debt of 5%. What is JCs WACC?
5.3% | ||
5.6% | ||
4.0% | ||
4.9% | ||
5.0% |
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