A company's balance sheet at the close of 2020 was as follows: Long-term debt 568,000 Common equity 960,443 I

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answerhappygod
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A company's balance sheet at the close of 2020 was as follows: Long-term debt 568,000 Common equity 960,443 I

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A company's balance sheet at the close of 2020 was as follows:



Long-term debt

568,000


Common
equity

960,443



If the company's cost of equity is 2% and its cost of debt 3%, and
considering the corporate tax rate is 19%,



what is the company's WACC (Weighted average cost of capital)?
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