Multiple Choice
A firm requires an investment of $30 000 and borrows $20 000 at 7%. If the return on equity is 15% and the tax rate is 30%, what is the firm's WACC?
A) 9.13%
B) 10.4%
C) 8.91%
D) 8.27%
Correct Answer:

Verified
Correct Answer:
Verified
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