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Information on Inkscape Co., is shown below. Assume the company’s tax rate is 30 percent. The… 1 answer below » Information on Inkscape Co., is shown below. Assume the company’s tax rate is 30 percent. The firm has no debt. Common stock: 217,273 shares outstanding, selling for $93.8 per share; beta is 0.8. Preferred stock: 24,836 shares of 5 percent preferred stock outstanding, currently selling for $104.9 per share. Market: 8.55 percent market risk premium and 3.87 percent risk-free rate. Calculate the WACC. Enter answer in percents Sep 07 2015 01:13 PM
