Shelie,

Can you help with this final question today?

Thank you!

Gary

HW #9 Page 1 of 1 EMBA F|N526 spring 2017: FIN526 Gary Miller HW #9 instructions 1 help 5 value: 4.00 points You are given the following information for Huntington Power Co. Assume the company's tax rate is 34 percent. ' Debt: 5.000 6 perceri coupon bonds awarding. $1.000 par value, 20 years to maturity, selling lor103 percent at per; the bonds make semiannual payments. Common stock: 320.0(1) shares outstanding, selling for $50 per share; the beta is 1.06. Market: 5 percent market risk premium and 4 percent risk-free rate. What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32'16.) WACC I % References eBook & Resources Worksheet Difculty: 1 Basic Section: 13.08 The Weighted Average Cost of Capital Check my work