The Tree House has a pretax cost of debt of 6.9 percent and a return on assets
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The Tree House has a pretax cost of debt of 6.9 percent and a return on assets of 10.2 percent. The debt-equity ratio is .48. Ignore taxes. What is the cost of equity?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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