Question: How do I solve in excel? LO315. Finding the WACC. Given the following information for Gerken Power Co., find the WACC. Assume the company's tax

How do I solve in excel? How do I solve in excel? LO315. Finding the WACC. Given

LO315. Finding the WACC. Given the following information for Gerken Power Co., find the WACC. Assume the company's tax rate is 35 percent. Debt: 15,500 6.4 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 108 percent of par; the bonds make semiannual payments. Common stock: 495,000 shares outstanding, selling for $81 per share beta is 1.20. 20.000 shares of 4.2 percent preferred stock outstanding, currently selling for $92 per share. 7 percent market risk premium and 3.1 percent risk- free rate. Preferred stock: Market

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