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This is all the info there is. #1. (10pts) Estimating the WACC: ABC Corp has a m arket capitalization of $120 million, and $30 million

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#1. (10pts) Estimating the WACC: ABC Corp has a m arket capitalization of $120 million, and $30 million in outstanding debt. The firm's equity beta is 1.2, risk free rate is 3%, and market risk premium is 4%. The yield on firm's outstanding debt is 5%, what is ABC Corp's WACC after tax? Assume tax rate is 40% and use two equations which are in lecture slides. Show your work

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