Question: What is the WACC on a pre-tax basis for a proposed construction project with the following make-up: Total project cost is $8,000,000 A loan-to-cost

What is the WACC on a pre-tax basis for a proposed construction project with the following make-up: Total project cost is $8,000,000 A loan-to-cost (LTC) of 70% is provided with a fixed, interest-only interest rate of 4% Equity receives a 9% preferred return

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