Question
Thor Corp. uses no debt. The weighted average cost of capital is 8.4 percent. The current market value of the equity is $16.3 million and
Thor Corp. uses no debt. The weighted average cost of capital is 8.4 percent. The current market value of the equity is $16.3 million and the tax rate is 22 percent.
a. What is the WACC? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 0.0521)
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Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
