You are trying to estimate the weighted average cost of capital for In-n-Out Burger, a privately held
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You are trying to estimate the weighted average cost of capital for In-n-Out Burger, a privately held fast food company. You have following information on comparable fast food companies If the risk free rate is 5% and the market risk premium (the expected return of the market minus the risk rate) 6%, what is the best estimate of In-n-Out's WACC according to the CAPM?
Related Book For
Intermediate Financial Management
ISBN: 9780357516669
14th Edition
Authors: Eugene F Brigham, Phillip R Daves
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