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Suppose that TapDance, Incorporated's capital structure features 7 5 percent equity, 2 5 percent debt, and that its before - tax cost of debt is
Suppose that TapDance, Incorporated's capital structure features percent equity, percent debt, and that its beforetax cost of debt is percent, while its cost of equity is percent. The appropriate weighted average tax rate is percent and TapDance estimates it cannot make any use of the interest tax shield in the foreseeable future.
What will be TapDance's WACC?
Note: Round your answer to decimal places.
WACC
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