The total book value of the firmrsquos equity is 12 million


The total book value of the firm’s equity is $12 million; book value per share is $24. The stock sells for a price of $45 per share, and the cost of equity is 15%. The firm’s bonds have a face value of $6 million and sell at a price of 130% of face value. The yield to maturity on the bonds is 9%, and the firm’s tax rate is 30%. Find the WACC of William Tell Computers.

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Financial Management: The total book value of the firmrsquos equity is 12 million
Reference No:- TGS01247674

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