0.14？

NO.PZ201512300100001504 问题如下 Using Silverstein’s requirereturn estimate baseon the Pastor–Stambaugh mol the cost of equity, the weighteaverage cost of capit(WACfor LELight is closest to: A.8.4% B.10.3% C.10.7% B is correct. The after-tWAfor LELight is calculateas: lWACC=MVVMVCEr1−t)+MVCEMVMVCEre{l}WACC=\frac{MV{MVMVCE}r_left(1-t\right)+\frac{MVCE}{MVMVCE}r_e\\lWACC=MVMVCEMVr(1−t)+MVMVCEMVCE​re​Given LELight’s bt-to-equity ratio of 0.5, the weight of capitis 0.5/1.5, anthe weight of equity common equity capitis 1.0/1.5. lWACC=0.50.5+1.00.04(1−0.3)+1.00.5+1.00.14=0.009333+0.09333=0.102666≈10.3%{l}WACC=\frac{0.5}{0.5+1.0}0.04\left(1-0.3\right)+\frac{1.0}{0.5+1.0}0.14=0.009333+0.09333=0.102666\approx10.3\%\\lWACC=0.5+1.00.5​0.04(1−0.3)+0.5+1.01.0​0.14=0.009333+0.09333=0.102666≈10.3% 老师，The yielto maturity on LELight’s long-term is forecasteto 4%”，所以BT的YTM就是用来计算WACC的R吗？