Take It All Away has a cost of equity of 10.72 percent, a pretax cost of debt of 5.39 percent, and a tax rate of
Take It All Away has a cost of equity of 10.72 percent, a pretax cost of debt of 5.39 percent, and a tax rate of 35 percent. The company's capital structure consists of 74 percent debt on a book value basis, but debt is 34 percent of the company's value on a market value basis. What is the company's WACC?
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Authors: Charles Long
1st Edition
0874204305, 978-0874204308
