ShweDay C. has a total long term capital of $850,000; of which 25% is long-term debt, $100,000
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ShweDay C. has a total long term capital of $850,000; of which 25% is long-term debt, $100,000 is preferred stock, and the rest is common equity. Its after-tax cost of debt is 5.5 percent, the cost of preferred stock is 6.5 percent, and the cost of common equity is 13 percent.
What is ShweDay's WACC?
Related Book For
Entrepreneurial Finance
ISBN: 978-1305968356
6th edition
Authors: J. Chris Leach, Ronald W. Melicher
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