Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
A firm has $5.1 Billion debt outstanding, with a yield to maturity of 4.2% and a coupon rate of 4.4%. They have 189 million preferred shares outstanding, currently trading at $81.15. They also have 891 million common shares outstanding, currently trading at $38.73 and the corporate tax rate is 23%. If the return on common stock (return on equity) is 8.9% and the return on preferred stock is 6.5% what is the Weighted Average Cost of Capital (WACC)?