Micro International is planning to issue new shares in the stock market. The risk-free rate is 5%

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Micro International is planning to issue new shares in the stock market. The risk-free rate is 5% and the expected return on the market this year is expected to be 13%. The beta of the company is 1.2. If the company's costs of debt is 10%.

What is the domestic weighted average cost of capital (WACC) if it uses 30% debt and the tax rate is 30%?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Jun 16, 2023 12:42 AM

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Micro International is planning to issue new shares in the stock market. The risk-free rate is 5%

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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