Nodebt Inc. is a firm with all-equity financing. Its equity beta is .80. The Treasury bill rate is 2%, and the market risk premium is expected to be 8%.
a. What is Nodebt’s asset beta? (Round your answer to 2 decimal places.)
Asset beta
b. What is Nodebt’s WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
WACC %