A public traded company has a debt-equity ratio of 0.6 .Its cost of debt after tax is
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A public traded company has a debt-equity ratio of 0.6 .Its cost of debt after tax is 7% and cost of equity is 11%. What the cost of equity for the company would be if its target capital structure were 50% debt and 50% equity?
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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