Question
Tulloch Manufacturing has a target debtequity ratio of .61. Its cost of equity is 13.9 percent, and its pretax cost of debt is 8.9 percent.
Tulloch Manufacturing has a target debtequity ratio of .61. Its cost of equity is 13.9 percent, and its pretax cost of debt is 8.9 percent. If the tax rate is 40 percent, what is the companys WACC?
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Derivatives And Internal Models
Authors: Hans Peter Deutsch, Mark W. Beinker
5th Edition
3030229017, 9783030229016
