Question
Reactive Power Generation has the following capital structure. Its corporate tax rate is 35%. Security Market Value Required Rate of Return Debt $ 30 million
Reactive Power Generation has the following capital structure. Its corporate tax rate is 35%. Security Market Value Required Rate of Return Debt $ 30 million 2 % Preferred stock 30 million 4 Common stock 40 million 8 What is its WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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Corporate Treasury And Cash Management
Authors: Robert Cooper
1st Edition
1349512699, 9781349512690
