Question
Lannister Manufacturing has a target debtequity ratio of .55. Its cost of equity is 14 percent, and its cost of debt is 5 percent. If
| Lannister Manufacturing has a target debtequity ratio of .55. Its cost of equity is 14 percent, and its cost of debt is 5 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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Globalization Gating And Risk Finance
Authors: Unurjargal Nyambuu, Charles S. Tapiero
1st Edition
1119252652, 978-1119252658
