Now that Anna has determined an appropriate rate of return for J Corp.'s stock, she must...

 

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Now that Anna has determined an appropriate rate of return for J Corp.'s stock, she must calculate the firm's Weighted Average Cost of Capital (WACC). There are currently 58.2 Million J Corp. common shares outstanding. Each share is currently priced at $18.01. As well, the firm has 3,000 bonds outstanding and each 3.18% and a bond has a face value of $10,000, a yield to maturity of quoted price of J Corp. has no preferred shares outstanding. $10,418.20. J Corp.'s tax rate is 30%. What is J Corp.'s WACC? (Round your answer to one one-hundredth of a percent) Enter Answer ↑ Enter your Final Answer Here Now that Anna has determined an appropriate rate of return for J Corp.'s stock, she must calculate the firm's Weighted Average Cost of Capital (WACC). There are currently 58.2 Million J Corp. common shares outstanding. Each share is currently priced at $18.01. As well, the firm has 3,000 bonds outstanding and each 3.18% and a bond has a face value of $10,000, a yield to maturity of quoted price of J Corp. has no preferred shares outstanding. $10,418.20. J Corp.'s tax rate is 30%. What is J Corp.'s WACC? (Round your answer to one one-hundredth of a percent) Enter Answer ↑ Enter your Final Answer Here

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