Question: The yield on Tesla bonds are 5% on average. 5% is equal to the before tax cost of debt. True or False. Select one: True

The yield on Tesla bonds are 5% on average. 5% is equal to the before tax cost of debt. True or False. Select one: True False Use the following to calculate WACC: 1. cost of equity = 10% - 2. cost of debt = 4% 3. weight on equity = 40% 4. weight on debt = 60% = 5. tax rate = 30% = Use decimals up to three places. For example, 0.012
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