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Given the following information, how much is JHM Corporation's WACC? Common Stock: 2 million shares...

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Finance

Given the following information, how much is JHM Corporation's WACC? Common Stock: 2 million shares outstanding $20 par value; market price = $30 per share required return = 8.5% Long-term bank loan: $10 million, interest rate = 5% Tax rate: 34% a. 8.035% b. 7.757% c. 7.356% d. 6.960% e. 6.637%

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