Mathematics, 04.12.2019 11:31 jyworthy

The def company is planning a $64 million expansion. the expansion is to be financed by selling $25.6 million in new debt and $38.4 million in new common stock. the before tax required rate of return on debt is 9% and the required rate of return on equity is 14%. if the company is in the 35% tax bracket, what is the firms cost of capital

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