Assume that for a public utility the following facts and estimates apply and are accepted: The rate
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Assume that for a public utility the following facts and estimates apply and are accepted:
The rate commission thinks that the capital structure should be B/V = 0.6 and has made the following calculation for WACC:
Briefly evaluate the calculation.
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Related Book For
An Introduction To Accounting And Managerial Finance A Merger Of Equals
ISBN: 9789814273824
1st Edition
Authors: Harold JR Bierman
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