These are finance questions, please help > Question 30 2.5 pts A firm has a target debt-equity

These are finance questions, please help

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> Question 30 2.5 pts A firm has a target debt-equity ratio of 0.40. Its cost of equity is 11.5% and its cost of debt (pre- tax) is 7.5%. The corporate tax rate is 23%. What is the company's WACC? (Round your answer to the nearest one-hundredth of a percent. Do not enter the percentage symbol. For example, if your answer is 12.3456789%, enter 12.35. Do not worry if Canvas truncates trailing zeros.) > Question 30 2.5 pts A firm has a target debt-equity ratio of 0.40. Its cost of equity is 11.5% and its cost of debt (pre- tax) is 7.5%. The corporate tax rate is 23%. What is the company's WACC? (Round your answer to the nearest one-hundredth of a percent. Do not enter the percentage symbol. For example, if your answer is 12.3456789%, enter 12.35. Do not worry if Canvas truncates trailing zeros.)

Answer rating: 100% (QA)

The Weighted Average Cost of Capital WACC formula is WACC EV x Re DV x Rd x 1 Tc Where E Market valu... View the full answer