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Per=percent Its capital structure consists of 40 % debt and 60 % equity. The company has 20-year bonds with a 9 per annual coupon that
- Per=percent
- Its capital structure consists of 40 % debt and 60 % equity.
- The company has 20-year bonds with a 9 per annual coupon that are trading at par.
- The companys tax rate is 40 per.
- The risk-free rate is 5.5 per.
- The market risk premium is 5 per.
- The stocks beta is 1.4.
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What is the companys WACC?
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