Suppose that tapdance incs capital structure features 70

Reference no: EM13617382

Suppose that TapDance, Inc.'s, capital structure features 70 percent equity, 30 percent debt, and that its before-tax cost of debt is 8 percent, while its cost of equity is 13 percent. Assume the appropriate weighted average tax rate is 34 percent.

What will be TapDance's WACC?

Reference no: EM13617382

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