Calculate the opportunity cost of capital (WACC) for a firm with the following capital structure: 51% in debt, 5% in preferred stock, and the remaining fraction in equity.The firms has a cost of debt of 7.59%, a cost of preferred stock equal to 10.82% and a 14.93% cost of common stock. The firm has a 29% tax rate. You answer should be entered as a %, for example 15.48%
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