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Question 5 1 pts Afirm's balance sheet shows $900 million in shareholder's equity and $690 million in debt. The debt has an average yield to
Question 5 1 pts Afirm's balance sheet shows $900 million in shareholder's equity and $690 million in debt. The debt has an average yield to maturity of 6.7%. The required return on the firm's equity is 14.0%, the current share price is $31.00, and it has 57 million shares outstanding. The corporate tax rate is 22%. What is this firm's WACC? Enter your Answer is percentages without % sign
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