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TTC wants to gain a starting point as to where they are currently. As of today, the company has $3.2 billion in debt, total equity
TTC wants to gain a starting point as to where they are currently. As of today, the company has $3.2 billion in debt, total equity capitalization of $51 billion, and an equity beta of 1.26. Included in TTC's assets are $14.6 billion in cash and risk free securities. The company is currently is experiencing a risk free rate of interest at 4% and a market risk premium of 5%. Based on this information, address the questions below.
What is the beta of TTC's business assets?
What is the WACC of TTC?
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