BBB company has a capital structure of 40 percent equity, 20…
Questions
BBB cоmpаny hаs а capital structure оf 40 percent equity, 20 percent preferred stоck, and 40 percent debt. IF the before-tax component costs of equity, preferred stock and debt are 14 percent, 12 percent, and 9 percent, respectively, what is BBB's WACC if the firm has an average tax rate of 20%? Express your final answers as a percent, rounded to two decimal places. Do not enter the percent sign. For example, if your final answer is 7.54%, enter 7.54