A company is worth $100M ($70M in debt and $30M in equity). Tax rate is 20%. Their
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A company is worth $100M ($70M in debt and $30M in equity). Tax rate is 20%. Their cost of debt is 5%. Their cost of equity is 12%. What is their WACC?
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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