MB Global has a MV D/E ratio of 0.49. MB's cost of equity is 11.8% and the

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MB Global has a MV D/E ratio of 0.49. MB's cost of equity is 11.8% and the YTM on MB's bonds is 8.1%. The company has a tax rate of 30%. What is MB's weighted average cost of capital (WACC)?

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Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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Posted Date: Dec 03, 2023 07:41 AM

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MB Global has a MV D/E ratio of 0.49. MB's cost of equity is 11.8% and the

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