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sam3359 sam3359
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A month ago
MinMax Corp. has the following capital structure: 55% common equity (giving a return of 9%), 10% preferred shares (with a yield of 6%), and 35% debt (with a coupon rate of 10% and yield to maturity of 6.5%). If MinMax Corp. has an income tax rate of 40%, what is the firm's WACC?

▸ 7.825%

▸ 9.050%

▸ 10.333%

▸ 6.915%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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rectorrector
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sam3359 Author
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A month ago
this is exactly what I needed
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You make an excellent tutor!
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Thank you, thank you, thank you!
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