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Question 13 (1 point) Greene Co. is planning a project for which it will issue new bonds. Bonds in the same risk class and with
Question 13 (1 point) Greene Co. is planning a project for which it will issue new bonds. Bonds in the same risk class and with the same covenants, issued by another firm are currently priced at $1,500.00, have 25 years remaining to maturity, and pay coupons of $50 yearly, made in semi-annual payments. If Greene's marginal tax rate is 25.00%, it's cost of equity is 8.00% with an equity value of $23,000,000.00, and they have 15,000 bonds with a par value of $1,000.00 what is the WACC of this project? 4.67% 6.23% 4.91% 2.35%
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