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What is Ningbo Shippings WACC if its after tax cost of debt is 3.5%, its cost of retained earnings is 14%, and the firms market
What is Ningbo Shippings WACC if its after tax cost of debt is 3.5%, its cost of retained earnings is 14%, and the firms market value of debt is $40 million while the market value of its equity is $60 million?
| a. 9.8%. | ||
| b. 3.5%. | ||
| c. 11.8%. | ||
| d. 14.7%. |
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