Cassandras marginal tax rate is 40 what is the weighted


Cassandra Corporation's common stock has a total market value of $40 million. Cassandra Corporation also has bonds outstanding with a total market value of 10.0 million. The pre-tax YTM of the bonds is 5% and the cost of common Equity is 10%. Cassandra's marginal tax rate is 40%.

What is the Weighted Average Cost of capital (WACC)?

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Business Management: Cassandras marginal tax rate is 40 what is the weighted
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