Calculate the wacc based on the information


Calculate the WACC based on the information below:

-Yield of 10year government bond is 5%

-Current market value of equity is $200million with a beta of 1.2

-Total debt outstanding in book value is $60 million

-Cash available on hand is $10 million

-Cost of debt to issue corporate bond is 6%

-The tax rate is 30%

-Annual interest expense $250

-Common shares outstanding: 1000

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Financial Management: Calculate the wacc based on the information
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