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Question 6 of 23 You collect the following data for Andes Scientific, a publicly traded biotech firm: 10 year US treasury yield 2.4% 1 year

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Question 6 of 23 You collect the following data for Andes Scientific, a publicly traded biotech firm: 10 year US treasury yield 2.4% 1 year US treasury yield 1.3% Beta 0.85 Equity risk premium (ERP) 3.7% Pretax cost of debt 4.296 Tax rate 35.096 Market value of debt (in millions) $480.0 Book value of debt (in millions) $400.0 Shares outstanding 100.0 Price per share $33.00 Book value of debt (in mions) 54000 Shares outstanding 1000 Price per share 533.00 Book value of equity in mions) 52.450.0 Question: Calculate WACC. 42356 5.15 Cr 05.1993 5.24% 5.37 Na

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