finding WACC. finding WACC. Finding the WACC. Given the following information for Janicek Power Co., find the WACC. Assume the company’s tax rate is 35 per
|Debt:||8,500 7.2 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 118 percent of par; the bonds make semiannual payments.|
|Common stock:||225,000 shares outstanding, selling for $87 per share; beta is 1.15.|
|Preferred stock:||15,000 shares of 4.8 percent preferred stock outstanding, currently selling for $98 per share.|
|Market:||7 percent market risk premium and 3.1 percent risk-free rate.
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