A Firm Requires an Investment of $30,000 and Borrows $10,000

question 23

Multiple Choice

A firm requires an investment of $30,000 and borrows $10,000 at 6%.If the return on equity is 15% and the tax rate is 30%,what is the firm's WACC?

• A)11.4%
• B)12.3%
• C)7.8%
• D)10.1%

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Definitions:

White Americans

Refers to the citizens or residents of the United States who identify as or are perceived to be white or of European descent.

Feagin

Refers to Joe R. Feagin, a sociologist known for his research on racism and its impacts on society, including the concept of systemic racism.

Polls

are surveys used to gauge public opinion, preferences, or attitudes towards various topics, individuals, or policies at a specific point in time.

White Supremacists

Individuals or groups who believe in the superiority of the white race, often advocating for the segregation and exclusion of non-white populations.