EvelynJ621 EvelynJ621
  • 02-01-2024
  • Business
contestada

A firm has a market value of equity of $10,000. It borrows $20,000 at 9%. If the return on equity is 15% and the tax rate is 30%, what is the firm’s (post-tax) WACC?
A. 12.10%
B. 10.80%
C. 13.50%
D. 14.70%

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