Sustain In. has a target capital structure of 70 percent common stock and 30 percent...
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Accounting
Sustain In. has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 13 percent, and the cost of debt is 6 percent. The relevant tax rate is 35 percent. What is Sustain Incs WACC?
A. 10.39 % B. 11.90% C. 11.55% D. 12.65% E. Impossible to calculate with information given.
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