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The market value of equity is $330 million and the market value of debt is$525 million. The cost of equity is 14% the pretax cost
The market value of equity is $330 million and the market value of debt is$525 million. The cost of equity is 14% the pretax cost of debt is 12% and the tax rate is 34%. What is the WACC?
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Cases in Financial Reporting
Authors: Michael J. Sandretto
1st edition
538476796, 978-0538476799
