Johnson industries financed its project with 40 debt and 60, Ask an Expert

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Johnson Industries financed its project with 40% debt and 60% common stock.

The company can issue a bond at the yield of 8.4%.

The risk free rate is 6.57%.

The market risk premium is 5%.

Johnson Industries beta is 1.3.

The company’s tax rate is 30%.

What is the company’s weighted average cost of capital?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92367949

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