Question
Suppose that TapDance, Inc.s, capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of debt is 9 percent, while its
| Suppose that TapDance, Inc.s, capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of debt is 9 percent, while its cost of equity is 14 percent. Assume the appropriate weighted average tax rate is 34 percent. |
| What will be TapDances WACC? (Round your answer to 2 decimal places.) |
| WACC | % |
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Corporate Finance For Dummies
Authors: Michael Taillard
2nd Edition
1119850312, 978-1119850311
