Assume the expected return on targetrsquos equity is 115
Assume the expected return on Target’s equity is 11.5% and the yield to maturity on its debt is 6%. Debt accounts for 18% and equity for 82% of Target’s total market value. If its tax rate is 35%, what is an estimate for this firm’s WACC?
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assume the expected return on targetrsquos equity is 115 and the yield to maturity on its debt is 6 debt accounts for
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