Question: Please answer as soon as possible, & i will rate u 5 stars!! Consider company ABC that is getting 52% of its funding through bonds

Please answer as soon as possible, & i will rate u 5 stars!! Please answer as soon as possible, & i will rate u 5

Consider company ABC that is getting 52% of its funding through bonds and the rest through shares. Its marginal tax rate is equal to 7%. The vield to maturity on its bonds is 5% and the required rate of return on shares is equal to 8%. Calculate the WACC. Show your work. (Write value of WACC in the Answer field in decimals, for example: instead of 12.3% write 0.123; Steps and interpretation you can write in the text box below)

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