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) 11.4%
B) 12.1%
C) 12.8%
D) 13.2%
Correct Answer:
Verified
Correct Answer:
Verified
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