Ampex common stock has a beta of 14 if the risk-free rate


Ampex common stock has a beta of 1.4. If the risk-free rate is 8%, the expected market return is 16%, and Ampex has $20 million of 8% debt, with a yield to maturity of 12% and a marginal tax rate of 50%, what is the WACC for Ampex?

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Finance Basics: Ampex common stock has a beta of 14 if the risk-free rate
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