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Question 8 1 pts Given the following information, what is the WACC of JAN Corp if it changes its target D/E ratio to 1? JAN
Question 8 1 pts Given the following information, what is the WACC of JAN Corp if it changes its target D/E ratio to 1? JAN Corp currently has a target market value D/E ratio of 0.75, an equity beta of 1.2, and risk-free debt. The current yield on long-term U.S. treasury bonds is 4%, the expected return on the market is 12%, and the corporate tax rate is 21%. Enter your answer as a percent without the % sign. Round your final answer to two decimals
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