Weights of 40% debt and 60% common equity (no preferred equity) A 35% tax rate Cost of
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Question:
- Weights of 40% debt and 60% common equity (no preferred equity)
- A 35% tax rate
- Cost of debt is 8%
- Beta of the company is 1.5
- Risk-free rate is 2%
- Return on the market is 11%
Calculate the WACC with this information.
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