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The following is the capital structure of Fleet Berhad: I able 1: Hleet's Capital Structure The company's tax rate is 24% and the beta is
The following is the capital structure of Fleet Berhad: I able 1: Hleet's Capital Structure The company's tax rate is 24% and the beta is 1.6 . The current risk-free rate cost is 3.15%, and market return is 8.5%. Required: a) Calculate the company's weighted average cost of capital (wacc)and adjusted wacc. (8 marks) b) Calculate the company's cost of capital based on Capital Asset Pricing Model. (2 marks)
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