Johansen corporation has a target capital structure of 60 percent common stock and 40 percent debt. its cost of equity is 14 percent, and the cost of debt is 8 percent. the relevant tax rate is 30 percent. what is the company's wacc?

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.