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UZZI Limited shares are trading at a price of R31.50, and its bonds is currently trading at par (R1000). The firm's target debt ratio is
UZZI Limited shares are trading at a price of R31.50, and its bonds is currently trading at par (R1000). The firm's target debt ratio is 35% and its ROE is 20.%. UZZI recently paid a dividend of R2.00 per share, with earnings per share of R5.00. The firm's bonds mature in 20 years' time and currently have a yield to maturity of 11.21%. If the company's tax rate is 31%, what is the WACC?(round off to 4 decimal places) of 10120
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