True or False? -- Based on the following data concerning Production Co., Production's after tax...
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Finance
True or False? -- Based on the following data concerning Production Co., Production's after tax weighted average cost of capital (WACC) is greater than 8.50%.
Debt D = $1.50 Million Equity E = $5.00 Million Cost of debt rD = 4.00% Cost of equity rE = 10.00% Corporate tax rate Tc = 25.00%
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