A company has only two type of capital : debt and equity. It has a target debt-equity
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A company has only two type of capital : debt and equity. It has a target debt-equity ratio of 1.1 . Its cost of equity is 9% , and its cost of debt is 7%. If the tax rate is 38% , what is the company s WACC? (Enter your answers a percent rounded to 2 decimal places, leave out % sign, for example, for answer 0.43%, enter 0.43 only)
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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