keys printing plans to issue a 1000 par value


Keys Printing plans to issue a $1,000 par value, 10-year noncallable bond with a 5.00% coupon, paid semiannually. It should sell at par. The company''''s marginal tax rate is 40.00%. If the company’s proxy for retained earnings is calculated at 15%, with at 50/50 debt to equity split in capital structure, what is the WACC?

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Financial Management: keys printing plans to issue a 1000 par value
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