Doctor Strange Inc. is a public company listed on NASDAQ. The annual report reveals that the company has a bank loan of

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Doctor Strange Inc. is a public company listed on NASDAQ. The annual report reveals that the company has a bank loan of

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Doctor Strange Inc Is A Public Company Listed On Nasdaq The Annual Report Reveals That The Company Has A Bank Loan Of 1
Doctor Strange Inc Is A Public Company Listed On Nasdaq The Annual Report Reveals That The Company Has A Bank Loan Of 1 (20.67 KiB) Viewed 45 times
Doctor Strange Inc. is a public company listed on NASDAQ. The annual report reveals that the company has a bank loan of 10,000,000 dollars with an interest rate of 12%. The market value of the company's equity is 18,000,000 dollars. The beta of the company is 1.05 and the market return is 11% per annum. The risk-free rate in the United States is 3% p.a. while the relevant tax rate for Doctor strange Inc. is 29% Find the weighted average cost of capital (WACC) of Doctor Strange Inc. 1 a. 11.79% b. 11.61% c. 10.61% d10.37%
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