Here is some information about Stokenchurch Incorporated Beta of common stock - 1.2 Treasury bill rate=4%...
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Here is some information about Stokenchurch Incorporated Beta of common stock - 1.2 Treasury bill rate=4% Market risk premium - 6.5% Yield to maturity on long-term debt = 7% Book value of equity = $340 million Market value of equity - $680 million Long-term debt outstanding - $680 million Corporate tax rate=21% What is the company's WACC? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. WACC Here is some information about Stokenchurch Incorporated Beta of common stock - 1.2 Treasury bill rate=4% Market risk premium - 6.5% Yield to maturity on long-term debt = 7% Book value of equity = $340 million Market value of equity - $680 million Long-term debt outstanding - $680 million Corporate tax rate=21% What is the company's WACC? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. WACC
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The companys WACC can be calculated using the following formula WACC Market value ... View the full answer
Related Book For
Corporate Finance
ISBN: 9781260772388
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date:
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