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Business, 25.06.2021 04:20 kamy8900

A firm borrows $500 and its debt-to-equity ratio is 0.7. Its cost of equity and debt are 11% and 7.5%. Its corporate tax rate is 35%. What is its weighted average cost of capital

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A firm borrows $500 and its debt-to-equity ratio is 0.7. Its cost of equity and debt are 11% and 7.5...
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