What is the WACC for the IPI on May 10? It has 13.5 million shares and a share price of 27.91. It also has net debt of $20.6 million (total debt less excess cash). The stock beta is 2.13. The 10 year treasury on that date yields 1.63%. Assume the excess return on the market is 6%.

Answer rating: 100% (QA)

To calculate the weighted average cost of capital WACC for IPI we need to determine the cost of equi... View the full answer