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30-12-2022
Mathematics

Answered

The common stock of plank communications has a beta of 1.37, the risk-free rate is 3.4 percent, and the market risk premium is 8.2 percent. the yield to maturity on the firm's bonds is 7.6 percent and the debt-equity ratio is 0.45. what is the wacc if the tax rate is 23 percent and all interest is tax-deductible?

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