Solution-What is the wacc, A firm has 10,000,000 shares of

What is the wacc

Reference no: EM133002657

A firm has 10,000,000 shares of common stock outstanding, each with a market price of $15.00 per share. It has 80,000 bonds outstanding, each selling for $1020. The bonds mature in 15 years, have a coupon rate of 9%, and pay coupons semi-annually. The firm's equity has a beta of 1.7, and the expected market return is 12%. The tax rate is 30% and the risk free rate is 6%. What is the WACC?

Reference no: EM133002657

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What is the wacc

Reference no: EM133002657

Reference no: EM133002657

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