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Question 13 40% of a URC's funding comes from risk-free debt. The company's common stock has a beta of 0.5, a market risk premium of
Question 13 40% of a URC's funding comes from risk-free debt. The company's common stock has a beta of 0.5, a market risk premium of 8%, and an interest rate of 10%. Suppose the company pays 20% tax on its profits. What is the company's after-tax WACC? Calculate your answer as a percent rounded to 1 decimal place. (Do not round intermediate calculations.) O 9.5% O 20.8% O 15.0% 1 pts O 11.6%
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