What is WrenMart WACC

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Question - WrenMart is estimating its WACC. WrenMart's capital structure weights on debt, preferred stock, and equity are 27%, 0%, and 73%, respectively. Its corporate tax rate is 25%. The expected returns required by holders of debt and equity are 7.47% and 9.30%, respectively. What is WrenMart's WACC?

Reference no: EM133064343

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