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Using the information from the comparable firm, calculate the proper WACC for the Food Products division in ChestNut. Tax rate 30%. Market rate of return

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Using the information from the comparable firm, calculate the proper WACC for the Food Products division in ChestNut. Tax rate 30%. Market rate of return 8.5% Equity Beta S&P Bond Rating Total Debt Total Equity (Book Value) Total Equity (Market Value) 0.50 B+ 300 400 1000 Food Processing Boulder Brands instruments Badger Meter 1.06 BBB- 100 200 800 Yield 10-year Treasury Bond 12.5% 4.8% BBB- . 3.24

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