Rockets Corp is financed by stock and bonds Currently, their stock is worth $10 million in equity and their bonds are worth 56 million If their cost of equity is 13 , their cost of debt is 4 , and their tax rate is 20 , what is their WACC 13 496 3 2 9 3

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Rockets Corp is financed by stock and bonds  Currently, their stock is worth $10 million in equity and their bonds are worth 56 million  If their cost of equity is 13 , their cost of debt is 4 , and their tax rate is 20 , what is their WACC  13  496 3 2  9 3

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Question

Rockets Corp is financed by stock and bonds. Currently, their stock is worth $10 million in equity and their bonds are worth 56 million. If

Rockets Corp is financed by stock and bonds. Currently, their stock is worth $10 million in equity and their bonds are worth 56 million. If their cost of equity is 13%, their cost of debt is 4%, and their tax rate is 20%, what is their WACC? 13% 496 3.2% 9.3%

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