Rogers Rattlesnake Ranch uses no preferred stock. Their capital structure uses 62% debt (hint: the rest is equity). Thei

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Rogers Rattlesnake Ranch uses no preferred stock. Their capital structure uses 62% debt (hint: the rest is equity). Thei

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Rogers Rattlesnake Ranch Uses No Preferred Stock Their Capital Structure Uses 62 Debt Hint The Rest Is Equity Thei 1
Rogers Rattlesnake Ranch Uses No Preferred Stock Their Capital Structure Uses 62 Debt Hint The Rest Is Equity Thei 1 (27.53 KiB) Viewed 9 times
Rogers Rattlesnake Ranch uses no preferred stock. Their capital structure uses 62% debt (hint: the rest is equity). Their marginal tax rate is 31.93%. Their before-tax cost of debt is 7.30%. Rogers Rattlesnake Ranch's stock has a beta of 2.68. The current risk-free rate is 3.62%, and the overall market is expected to return 10% over the long-run. What is Rogers Rattlesnake Ranch's weighted average cost of capital (WACC)? Please enter without using the "%", but with two decimal places (in other words if you calculate 9.87% , then just enter 9.87).
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