The expected return on Simmons Co's common stock is 14.63 percent and the yield to maturity in the firm's bonds is 7.6 percent. The weight of debt and equity is 21 percent and 79 percent, respectively. What is RWACC (Weighted Average Cost of Capital) if the tax rate is 34 percent? (Choose closest answer if necessary) (A) 12.45% (B) 9.78% (C) 11.65% (D) 12.61%
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Home » Business » The expected return on Simmons Co's common stock is 14.63 percent and the yield to maturity in the firm's bonds is 7.6 percent. The weight of debt and equity is 21 percent and 79 percent, respectively.