Question: please answer this asap!! Westworld Industries has an expected EBIT of $1,000,000, a cost of equity of 15% and a cost of debt of 8%.
please answer this asap!!
Westworld Industries has an expected EBIT of $1,000,000, a cost of equity of 15% and a cost of debt of 8%. Westworld's debt-to-equity ratio is 0.3. The corporate tax rate is 40%. What is the appropriate discount rate if you are using the WACC method to value Westworld?" A. 12.6% B. 10.2% C. 7.1% D. 7.7% E. 9.2%
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