The common stock and debt of iOS Corp. are valued at $ 6 8 million and $

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Question:

The common stock and debt of iOS Corp. are valued at $

68

million and $

32

million, respectively. Investors currently require a

18 %

return on the common stock and an

6 %

return on the debt. There are no taxes.

Calculate the weighted average cost of capital. Enter your answer as a percentage. Do not include the percentage sign in your answers. Enter your answer rounded to

2

DECIMAL PLACES.

WACC

=

Number

Posted Date: May 19, 2024 03:16 AM

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The common stock and debt of iOS Corp. are valued at $ 6 8 million and $

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