Online Sports has a target debt-equity ratio of .65. Its cost of equity is 16 percent, its

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Online Sports has a target debt-equity ratio of .65. Its cost of equity is 16 percent, its pretax cost of debt is five percent, and its tax rate is 22 percent. What is the company's weighted average cost of capital?

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8.67%
10.13%
7.84%
11.23%
11.67%

Related Book For answer-question

Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: Mar 03, 2022 04:43 AM

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Online Sports has a target debt-equity ratio of .65. Its cost of equity is 16 percent, its

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Corporate Finance

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