Zdebczak6955 Zdebczak6955

22-05-2023
Business

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The firm’s cost of capital is 22%.The firm maintains a debt-to- assets ratio of 30% (based on market values.)The yield on the debt is 8% and the firm’s tax rate is 21%.What is the WACC?
Multiple Choice
21.5%
20.16%
21.05%
none of the above.

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