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QUESTION 2 Suppose a firm has a capital structure with 49% debt and faces a 38.7% tax rate. If the required return on debt is
QUESTION 2 Suppose a firm has a capital structure with 49% debt and faces a 38.7% tax rate. If the required return on debt is 5.1% and the required return on equity is 15.6, what is the WACC? Answer in percent e.g., 11 instead of .11. QUESTION 3 Suppose a firm has a capital structure with 36% debt and faces a 39.9% tax rate. If the required return on debt is
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