Question: QUESTION 24 General Talc Mines has compiled the following data regarding the market value and cost of the specific sources of capital Market value of
QUESTION 24 General Talc Mines has compiled the following data regarding the market value and cost of the specific sources of capital Market value of common stock is 510 million Market value of long-term debt is 590 million. The corporate tax rate is 35%. Source of Capital After-Tax Cost Long-term debt 8% Common stock equity 19 The weighted average cost of capital using market value weights is 9.10 percent O 11.7 percent 17.5 percent 6.58 percent
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