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Levels Tought:
University
| Teaching Since: | Apr 2017 |
| Last Sign in: | 442 Weeks Ago, 5 Days Ago |
| Questions Answered: | 9562 |
| Tutorials Posted: | 9559 |
bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
| Here is some information about Stokenchurch Inc.: |
| Â |
| Beta of common stock = 1.5 |
| Treasury bill rate = 4% |
| Market risk premium = 7.8% |
| Yield to maturity on long-term debt = 7% |
| Book value of equity = $470 million |
| Market value of equity = $940 million |
| Long-term debt outstanding = $940 million |
| Corporate tax rate = 35% |
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What is the companyAc€?cs WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) |
| Â Â WACC | %Â Â |
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