Question
Sports in has $3,500,000 in debt, $2,000,000 in preferred stock and $2,500,000 in common stock. The cost of debt is 6.65% cost of preferred stock
Sports in has $3,500,000 in debt, $2,000,000 in preferred stock and $2,500,000 in common stock. The cost of debt is 6.65% cost of preferred stock is 12.25% and cost of common stock is 15.40% note all costs are listed before taxes. Sports inc. Tax rate is 33% what is sports inc WACC?
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Financial Statement Analysis
Authors: Martin S. Fridson, Fernando Alvarez
5th Edition
1119457149, 978-1119457145
