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The total book value of WTC s equity is $ 1 1 million, and book value per share is $ 2 2 . The stock
The total book value of WTCs equity is $ million, and book value per share is $ The stock has a markettobook ratio of and the cost of equity is The firms bonds have a face value of $ million and sell at a price of of face value. The yield to maturity on the bonds is and the firms tax rate is What is the companys WACC?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
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