Wayne enterprises is looking a new business venture. The industry average beta is 0.82, the risk free rate is 2%, and the market risk premium is 7%. The yield on the company's debt is 5%, and the firm has a 35% marginal tax rate. The debt to (total asset) value ratio is 32%.

Thus, the WACC is: 

Answer rating: 100% (QA)

To calculate the Weighted Average Cost of Capital WACC for Wayne Enterprises you can use the followi... View the full answer