A firm requires an investment of $30 000 and borrows $20 000 at 7%. If the return on equity is 15% and the tax rate is 30%, what is the firm's WACC?
A)9.13%
B)10.4%
C)8.91%
D)8.27%

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The Answer of A firm requires an investment of $30 000 and borrows $20 000 at 7%. If the return on equity is 15% and the tax rate is 30%, what is the firm's WACC?
A)9.13%
B)10.4%
C)8.91%
D)8.27%

A Firm Requires an Investment of $30 000 and Borrows