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The total book value of WTC ' s equity is $ 1 3 million, and book value per share is $ 2 6 . The
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 firm's 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 firm's tax rate is What is the company's WACC?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
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