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Reactive Power Generation has the following capital structure. Its corporate tax rate is 40%. Required Rate of Return 2% Security Debt Preferred stock Common stock
Reactive Power Generation has the following capital structure. Its corporate tax rate is 40%. Required Rate of Return 2% Security Debt Preferred stock Common stock Market Value $ 10 million 20 million 50 million 7 00 What is its WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) WACC 8.05%
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