Explain what is the firm''s wacc using market value weights

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Reference no: EM13215403

Hare Enterprises has 1.5 million shares of common stock outstanding and the only debt on their balance sheet consists of 50,000 of the 5% coupon bonds listed above. What is the firm's WACC using market value weights if their marginal tax rate is 35%?

Reference no: EM13215403

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