A company's capital structure weights are 20% debt and 80% equity. If the company's cost of equity
Fantastic news! We've Found the answer you've been seeking!
Question:
A company's capital structure weights are 20% debt and 80% equity. If the company's cost of equity is 13% and it's after-tax cost of debt is 6%, what is the WACC for this company?
Do not round intermediate calculations. Round the final answer to 2 decimal places.
Related Book For
Financial management theory and practice
ISBN: 978-1439078099
13th edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
Posted Date: