Why is the cost of equity for a company with no debt equal to the average weighted

Question:

Why is the cost of equity for a company with no debt equal to the average weighted cost of capital?

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Corporate Finance Theory And Practice

ISBN: 9781119841623

6th Edition

Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen

Question Posted: