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Business, 26.10.2020 16:40 suzzi95

JAK Industries has 5 million shares of stock outstanding selling at $25 per share and an issue of $40 million in 8 percent, annual coupon bonds with a maturity of 15 years, selling at 108 percent of par ($1000). If JAK's weighted average tax rate is 34 percent and its cost of equity is 15 percent, what is JAK's WACC

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JAK Industries has 5 million shares of stock outstanding selling at $25 per share and an issue of $4...
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