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Suppose Cowles Corp.'s market value of debt is $10,000,000 and it has 1,200,000 shares selling at $9 per share? What is the WACC if the

Suppose Cowles Corp.'s market value of debt is $10,000,000 and it has 1,200,000 shares selling at $9 per share?

What is the WACC if the cost of debt is 6% and the expected rate of return on the stock is 15.9%, given the marginal tax rate is 21%?

What is the opportunity cost of capital? (WACC, opportunity cost of capital)

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