Refer to Problem 13 for Voice River, Inc. A. Estimate the WACC if the cost of common

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Refer to Problem 13 for Voice River, Inc.
A. Estimate the WACC if the cost of common equity capital is 20 percent.
B. Estimate the WACC if the cost of common equity capital is at the representative target rate of 25 percent for typical ventures in their late rapid-growth life cycle stage.

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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