Celebrity Auto Parts, Incorporation Facts and assumptions Company equity beta 1.20 Stock price $ 30 Number of shares outstanding (millions) 200 Book value of equity (millions) $ 3,500 Book value of interest-bearing debt (millions) $ 1,500 Yield to maturity on long-term government bonds 3.4% Historical excess return on common stocks 6.6% Yield to maturity on outstanding bonds 9% Tax rate 25% Please refer to the information for Celebrity Auto Parts above. What is Celebrity's WACC?

Answer rating: 100% (QA)

based on the information provided for Celebrity Auto Parts we can calculate its Weighted Average Cos... View the full answer