Kenmare Resources PLC is a mining company based in the Republic of Ireland and listed on the
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Kenmare Resources PLC is a mining company based in the Republic of Ireland and listed on the Irish Stock Exchange. The firm has estimated its weighted average cost of capital to be 11 percent based on the fact that its after-tax cost of debt financing was 8 percent and its cost of equity was 14 percent. What are the firm’s capital structure weights (that is, the proportions of financing that came from debt and equity)?
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Related Book For
Foundations Of Finance
ISBN: 9781292318738
10th Global Edition
Authors: Arthur Keown, John Martin, J. Petty
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