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Will rate for quick and correct answer! A&B please Rogot Instruments makes fine violins and cellos. It has $1.0 million in debt outstanding, equity valued
Will rate for quick and correct answer! A&B please
Rogot Instruments makes fine violins and cellos. It has $1.0 million in debt outstanding, equity valued at $2.0 million and pays corporate income tax at rate 21%. Its cost of equity is 12% and its cost of debt is 7%. a. What is Rogot's pretax WACC? b. What is Rogot's (effective after-tax) WACC? a. What is Rogot's pretax WACC? Rogot's pretax WACC is %. (Round to two decimal places.)Step by Step Solution
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