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17. Due to changed Market conditions, Mark of Trans Inc. now estimates the risk-free rate to be 4.60%, the company's credit risk premium is 4.40%,

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17. Due to changed Market conditions, Mark of Trans Inc. now estimates the risk-free rate to be 4.60%, the company's credit risk premium is 4.40%, cost of debt is 8%, the domestic beta is estimated at 1.05, the international beta at.85, and the company's capital structure is now 40% debt. The domestic general return on market portfolio is estimated at 9% and the international general return on market portfolio at 8%. All other values remain the same. The effective tax rate is 30%. For both the domestic CAPM and ICAPM, calculate: a. Trans Inc.'s. Cost of equity b. Trans Inc.'s cost of debt c. Trans Inc.'s weighted average cost of capital

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