You are given the following information for kleen power co


You are given the following information for Kleen Power Co. Assume the company's tax rate is 38 percent.

Debt:

9,000 7.6 percent coupon bonds outstanding, $1,000 par value, 30 years to maturity, selling for 107 percent of par; the bonds make semiannual payments.

Common stock:

480,000 shares outstanding, selling for $66 per share; the beta is 1.09.

Market:

9 percent market risk premium and 5.6 percent risk-free rate.

How do you calculate the company's WACC?

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Basic Statistics: You are given the following information for kleen power co
Reference No:- TGS02901321

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