A firm requires an investment of $30,000 and borrows $10,000 at 7%. If the return on equity is 14% and the tax rate is 3
Posted: Sun Jul 03, 2022 6:43 am
A firm requires an investment of $30,000 and borrows $10,000 at 7%. If the return on equity is 14% and the tax rate is 30%, what is the firm's WACC? OA. 8.8% O B. 21.9% O C. 11% O D. 13.2%