Question: Moving to another question will save this response Question 7 1 po The Harden Company's cost of common equity is 11 percent. its before tax
Moving to another question will save this response Question 7 1 po The Harden Company's cost of common equity is 11 percent. its before tax cost of debt is 8 percent, and its marginal tax rate is 40 percent. The stock sells at Using the following balance sheet, calculate Harden's WACC. Assets $ 170 Liabilities and Equity 310 570 1.800 Cash Accounts receivable Inventones Net plant and equipment Total at a. 8.42% O b. 7.90% c. 8.95% Od. 6,01% e. 10.0196 Long term debit Common equity Total abilities and equity $2.850 $941 1.902 52.850
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