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Question 10 Homework. Unanswered If the risk free rate is 0.9% and the expected market return is 6.9%, what is the WACC of the company

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Question 10 Homework. Unanswered If the risk free rate is 0.9% and the expected market return is 6.9%, what is the WACC of the company with the following characteristics? Answer in percent, rounded to two decimal places. Market value of debt: $586 million Market price of each share: $15 Number of shares outstanding: 79 million Tax rate: 17.6% The average yield on current debt (pre-tax cost of debt): 4.9% Beta: 1.1 le

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