Bloom Company Limited expects its EBIT to be $100,000 every year forever. The firm can borrow at 9 percent. The firm currently has no debt, and its cost of equity is 18 percent. The tax rate is 35 percent. The firm will borrow $80,000 and use the proceeds to repurchase shares. What will the WACC be after recapitalization?
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https://www.writers24x7.com/wp-content/uploads/2021/09/logo-writers24x7-1-1-300x75.png00Jobhttps://www.writers24x7.com/wp-content/uploads/2021/09/logo-writers24x7-1-1-300x75.pngJob2021-10-08 09:28:282021-10-08 09:28:28What will the WACC be after recapitalization