You are given the following information for Cleen Power Co. Assume the company’s tax rate is 30 percent. Debt: 6,000 7.9 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 108 percent of par; the bonds make semiannual payments. Common stock: 510,000 shares outstanding, selling for $69 per share; the beta is 1.12. Market: 10 percent market risk premium and 5.9 percent risk-free rate. What is the company's WACC?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC %

You are given the following information for Cleen Power Co. Assume the company’s tax rate is 30 percent. Debt: 6, XXXXXXXXXXpercent coupon bonds outstanding, $1,000 par value, 25 years to maturity,...

You are given the following information for Cleen Power Co. Assume the company’s tax rate is 30 percent.

Debt:	6,000 7.9 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 108 percent of par; the bonds make semiannual payments.

Common stock:	510,000 shares outstanding, selling for $69 per share; the beta is 1.12.

Market:	10 percent market risk premium and 5.9 percent risk-free rate.

What is the company's WACC?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

WACC %

Jun 04, 2022

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You are given the following information for Cleen Power Co. Assume the company’s tax rate is 30 percent. Debt: 6, XXXXXXXXXXpercent coupon bonds outstanding, $1,000 par value, 25 years to maturity,...

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