Multiple Choice
The Brassy Co. has expected EBIT = $910, an unlevered cost of capital of 12%, and debt with a face and market value of $2,000 paying an 8.5% annual coupon. If the tax rate is 34%, what is the WACC
Of Brassy Co.?
A) 10.56%
B) 11.12%
C) 13.25%
D) 13.64%
E) 14.45%
Correct Answer:
Verified
Correct Answer:
Verified
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