Question
Tulloch Manufacturing has a target debtequity ratio of .63. Its cost of equity is 13.7 percent, and its pretax cost of debt is 8.7 percent.
Tulloch Manufacturing has a target debtequity ratio of .63. Its cost of equity is 13.7 percent, and its pretax cost of debt is 8.7 percent. If the tax rate is 30 percent, what is the companys WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC
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The Almanack Of Stanley Druckenmiller From Over 40 Years Of Investing Wisdom With Quantum Fund And Duquesne Capital Management
Authors: Rui Zhi Dong
1st Edition
B0B3NV2H9M, 979-8850611453
