Multiple Choice
A firm requires an investment of $20,000 and borrows $10,000 at 8%. If the return on equity is 20% and the tax rate is 30%, what is the firm's WACC?
A) 13.2%
B) 11.4%
C) 12.8%
D) 12..1%
Correct Answer:

Verified
Correct Answer:
Verified
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