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CoffeeStop primarily sells coffee. It recently introduced a premium​ coffee-flavoured liqueur. Suppose the firm faces a

Posted: Sat Nov 27, 2021 5:15 pm
by answerhappygod
CoffeeStop primarily sells coffee. It recently introduced a
premium​ coffee-flavoured liqueur. Suppose the firm faces a
tax rate of 38% and collects the following information.
If it plans to finance 15% of the
new​ liqueur-focused division with debt and the rest
with​ equity, what WACC should it use for its
liqueur​ division? Assume a cost of debt
of 5.4%​, a​ risk-free rate of 3.4% and a
risk premium of 5.4%.
Beta
​% Equity
​% Debt
CoffeeStop
0.61
96%
4%
BF Liqueurs
0.28
85%
15%
The weighted average cost of capital is____%.​ (Round to
two decimal​ places.)