Consider company XYZ that is getting 28% of its funding through bonds and the rest through shares

Finance Dec 09, 2021

Consider company XYZ that is getting 28% of its funding through bonds and the rest through shares. Its marginal tax rate is equal to 6%. The yield to maturity on its bonds is 5% and the required rate of return on shares is equal to 8%. Calculate the WACC. (write your answer in decimal points, at least three digits after the decimal place)