Calculate the wacc for goldman sachs

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Question: Calculate the WACC for Goldman Sachs. On March 30, 2021, the cost of equity for Goldman Sachs is 14%. Market cap is $113 billion, and the amount of debt is $501 billion. Average cost of debt is 2%, with a tax rate of 21%. There is no preferred equity. What is the WACC for Goldman Sachs? (two digits in percentage, e.g., 1.01%)

Reference no: EM133632612

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