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What is the company's WACC? Beta of common stock = 2.0 Treasury bill rate = 4% Market risk premium = 7.3% Yield to maturity on

What is the company's WACC?

Beta of common stock = 2.0 Treasury bill rate = 4% Market risk premium = 7.3% Yield to maturity on long-term debt = 10% Book value of equity = $420 million Market value of equity = $840 million Long-term debt outstanding = $840 million Corporate tax rate = 21% What is the company's WACC? (Do not round int places.) WACC %

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