Here is some information about stokenchurch inccan you, Ask an Expert

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Here is some information about Stokenchurch Inc.:

(Can you please show how to do without Excel, and if I can use my HP12C and any of the finance keys, can you please show how?)

Beta of common stock = 1.6

Treasury bill rate = 4%

Market risk premium = 6.9%

Yield to maturity on long-term debt = 8%

Book value of equity = $380 million

Market value of equity = $760 million

Long-term debt outstanding = $760 million

Corporate tax rate = 35%

What is the company's WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92765508

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