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Upton Umbrelias has a cont of equity of 10.6 percent, the YTM on the company's bonds is 5.2 petcent, and the tax rate is 22
Upton Umbrelias has a cont of equity of 10.6 percent, the YTM on the company's bonds is 5.2 petcent, and the tax rate is 22 percent. The company's bonds self for 92.8 percent of per. The debt has a book value of $378,000 and total assets have a book value of $942,000. If the market-to-book rotio is 2.44 times, what is the companys WACC? Mumiple Choice 8.095 538% 7.85% 8.68%
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