Question
NASA Inc. has 40 million shares outstanding, selling at $20 per share, and a D:E ratio of 1:4. If NASA's stock beta is 1.15, its
NASA Inc. has 40 million shares outstanding, selling at $20 per share, and a D:E ratio of 1:4. If NASA's stock beta is 1.15, its bond rating is AA, the current risk-free rate is 8%, the market risk premium is 5.5% and AAA to AA spread is 2%, then what's NASA's WACC?
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
