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need help on how to go about this 5 pts Question 4 Nayfa's Unfinished Furniture Stores recently hired you as a consultant to estimate the

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5 pts Question 4 Nayfa's Unfinished Furniture Stores recently hired you as a consultant to estimate the company's WACC. You have obtained the following information (1) The firm's noncallable bonds mature in 20 years, have an 10.0% annual coupon, a par value of $1,000, and are selling at par. (2) The company's tax rate is 25%. (3) The risk-free rate is 5.0%, the market risk premium is 7.0%, and the stock's beta is 1.50. (4) The target capital structure consists of 40% debt and the balance is common equity. The firm uses the CAPM to estimate the cost of equity, and it does not expect to issue any new common stock. What is its WACC? 10.1% 11.696 9.3% 8.0% 12.3%

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