Use the Table for the Question(s) Below

question 69

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement for Kroger Inc. (all figures in $ Millions) :

-Assume that investors hold Google stock in retirement accounts that are free from personal taxes.Also assume that Google's current pre-tax WACC is 12%.If Google were to issue sufficient debt to give them a debt to value ratio of 0.5,then the Google's after-tax WACC would be closest to:

• A) 10.4%
• B) 12.8%
• C) 13.0%
• D) 15.0%
• E) 16.0%

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Definitions:

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A foreign policy doctrine that argues for the role of cooperation and democracy in international relations, often associated with the promotion of global peace and justice.

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