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


Question: Ampex common stock has 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 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 beta of 14 if the risk free rate is
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