Question
The firms cost of capital is 20%. The firm maintains a debt-to- assets ratio of 30% (based on market values.) The yield on the debt
The firms cost of capital is 20%. The firm maintains a debt-to- assets ratio of 30% (based on market values.) The yield on the debt is 8% and the firms tax rate is 35%. What is the WACC?
A. 17.14%
B. 18.46%
C. 19.16%
D. 21.05%
E. None of the above
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The Idea On Cryptocurrencies
Authors: Lida Navejar
1st Edition
979-8353788157
