What is the capital structure of IBM

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Question: What is the capital structure of IBM as at 2021.12.31. Suppose that the cost of debt for IBM is 12% and it intends to maintain its capital structure. Calculate the firm's WACC. Assume the average corporate tax rate is 20% and the marginal corporate tax rate is 25%. The marginal personal tax rate is also 15%.

Reference no: EM133322578

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