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Will rate immediately Sapp Trucking's balance sheet shows a total of non-callable $45 million long-term debt with a coupon rate of 7% and a yield

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Sapp Trucking's balance sheet shows a total of non-callable $45 million long-term debt with a coupon rate of 7% and a yield to maturity of 6%. This debt currently has a market value of $50 million. The balance sheet also shows that the company has 10 million shares of common stock, and the book value of the common equity (common stock plus retained earnings) is $65 million. The current market value of equity (stock price) is S20 per share. Additionally, stockholders' required return is 12.9%, and the firm's tax rate is 40%, what is the company's WACC based on marketvalue weighting? Your answer should be between 9.72 and 12.50, rounded to 2 decimal places, with no special characters. D Question 10 5 pts Anadarko Petroleum must choose between two mutually exclusive oil-drilling projects, which each have a cost of $12 million. Under Plan A, all oil would be extracted in one year, producing a cash flow at t 1 of $15.9 million. Under Plan B, cash flows would be $2.1 million for 20 years. The firm's WACC is 12%. At what rate are the NPVs for these two plans the same? That is, what is the crossover rate where the two projects' NPVs are equal? Vouur ancwerebould be buoon 125 and 175rounded to2 decimal places with

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