Brown's Department Store has a cost of equity of 19.1 percent, a pre-tax cost of debt of

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Brown's Department Store has a cost of equity of 19.1 percent, a pre-tax cost of debt of 8 percent, and a WACC of 14 percent. Ignore taxes. What is the debt-equity ratio?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Mar 07, 2024 02:22 PM

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Brown's Department Store has a cost of equity of 19.1 percent, a pre-tax cost of debt of

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To calculate the debtequity ratio we need to determine the proportions of debt and equity in Browns ... View the full answer

Principles of Finance

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