The value of WACC is 6.72%
<h3>what is WACC?</h3>
WACC is calculated by multiplying the cost of each capital source (debt and equity) by its relevant weight by market value, and then adding the products together to determine the total.
WACC=[(Market value of Equity*cost of equity+ Market value of Debt* post tax cost of debt)/(Market value of Equity+ Market value of Debt)]
Market value of Equity= 40,000*$85=$3,400,000
Cost of equity=Risk free return+ Beta equity*market retrun
=4 +0.67*15
=7.35
Market value of Debt
=2000*1105.38
=2,210,760
Post tax rate of debt
=9*80(1-20)
=0.0576= 5.76%
WACC= [$3,400,000* 7.35+ 2,210,760 * 5.76%]\ $3,400,000+2,210,760
=6.72%
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Answer:
z=-7.5
Step-by-step explanation:
Step-by-step explanation:
1. The first step has 1 block. The second step has 2 blocks. The third step has 3 blocks. So the nth step needs n blocks.
2. A staircase with n steps has 1 + 2 + 3 + ... + n steps. This is an arithmetic sequence where the first term is 1 and the last term is n. The sum of the first n terms is:
y = n/2 (1 + n)
3. Solve for n.
2y = n (1 + n)
2y = n² + n
0 = n² + n − 2y
Using quadratic formula:
n = [ -1 ± √(1 − 4(1)(-2y)) ] / 2
n = [ -1 + √(1 + 8y) ] / 2
