Question
Your firm's debt to equity ratio (D/E) is 2.55 and the cost of the equity is 12.50% and the cost of the debt is 6.70%.
Your firm's debt to equity ratio (D/E) is 2.55 and the cost of the equity is 12.50% and the cost of the debt is 6.70%. Given that the tax rate is 33.00%, what is your firm's weighted average cost of capital (WACC)? (enter your value as a percent (i.e. 20.5 for 20.5%) tolerance is 0.1)
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Parimutuel Applications In Finance New Markets For New Risks
Authors: Ken Baron, Jeffrey Lange
1st Edition
1403939500, 9781403939500
