The total book value of the firmrsquos equity is 20 million, Ask an Expert

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The total book value of the firm’s equity is $20 million; book value per share is $40. The stock sells for a price of $30 per share, and the cost of equity is 12%. The firm’s bonds have a face value of $8 million and sell at a price of 115% of face value. The yield to maturity on the bonds is 6%, and the firm’s tax rate is 30%. Find the WACC of William Tell Computers. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91614573

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