Question
Megaburger's capital structure is 60 percent equity and 40 percent debt. Its cost of equity is 9.00, its cost of debt is 6.42, and its
Megaburger's capital structure is 60 percent equity and 40 percent debt. Its cost of equity is 9.00, its cost of debt is 6.42, and its marginal tax rate is 35.18 percent. What is its WACC? Enter your answer in percent, rounded to the nearest 0.01 percent.
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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
