Question: Trident Hotels has debt with both a face and a market value of $ 2 2 7 , 0 0 0 . This debt has
Trident Hotels has debt with both a face and a market value of $ This debt has a coupon rate of percent and pays interest annually. The expected earnings before interest and taxes is $ the tax rate is percent, and the unlevered cost of capital is percent. What is the firms cost of equity?
A percent
B percent
C percent
D percent
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