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Question 27 1 pts Billick Brothers is estimating its WACC. The company has collected the following information: Its capital structure consists of 15 percent debt

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Question 27 1 pts Billick Brothers is estimating its WACC. The company has collected the following information: Its capital structure consists of 15 percent debt and 85 percent common equity. The company has 14-year bonds outstanding with a 8.9 percent annual coupon that are trading at $1,100. The company's tax rate is 34 percent. The risk-free rate is 5.7 percent. The market risk premium is 1.3 percent. The stock's beta is 1.8. What is the company's WACC? e 8.20% 8.40% D 8.00% -7.80% 760%

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