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Business, 26.11.2019 21:31 destiniout04231

The total book value of wtc’s equity is $13 million, and book value per share is $26. the stock has a market-to-book ratio of 1.5, and the cost of equity is 15%. the firm’s bonds have a face value of $9 million and sell at a price of 110% of face value. the yield to maturity on the bonds is 10%, and the firm’s tax rate is 40%. what is the company’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) wacc %

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The total book value of wtc’s equity is $13 million, and book value per share is $26. the stock has...
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