1. Suppose a firm has a capital structure with 24% debt and faces a 34.6% tax rate. If the required return on debt is 4.3% and the required return on equity is 19.5, what is the WACC?
2. Suppose a firm has a capital structure with 56% debt and faces a 34.7% tax rate. If the required return on debt is 2.7% and the required return on equity is 14.9, what is the WACC?
3. States are generally allowed to require more detailed filings than the SEC.
True
False