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I need to solve this problem for a report.
I need to solve this problem for a report. The company i am profiling for this equation is Mitel Networks (MITL) and i am using their 2017 annual report as of December 31st 2017 financials to solve this equation.
WACC = E/V x Re + D/V x Rd x (1 - Tc)
To clarify:
E equals the market value of the firm's equity
V equals the market value of equity plus the market value of debt
Re equals the cost of equity
D represents the market value of the firm's debt
Rd stands for the cost of debt
Tc is the corporate tax rate
I was looking to get help and for someone to take a look.