Apix Printing

we can determine the target WACC for Apix Printing Inc., given these assumptions,” she says as she hands you a piece of paper that says the following:

•Weights of 40% debt and 60% common equity (no preferred equity)

•A 35% tax rate

•Cost of debt is 8%

•Beta of the company is 1.5

•Risk-free rate is 2%

•Return on the market is 11%