Question: Please solve using excel thank you! ABC Inc. has a target D/E ratio=0.60. The cost of equity is 13.6% and the pretax cost of debt
Please solve using excel thank you!
ABC Inc. has a target D/E ratio=0.60. The cost of equity is 13.6% and the pretax cost of debt is 6%. What is the cost of capital given a tax rate of 21%
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