Question
2. The ABC Company has a cost of equity of 22.7 percent, a pre-tax cost of debt of 8.5 percent, and a tax rate of
2. The ABC Company has a cost of equity of 22.7 percent, a pre-tax cost of debt of 8.5 percent, and a tax rate of 31 percent. What is the firms weighted average cost of capital if the proportion of debt is 32%?
Please calculate in excel thanks!
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
3rd Edition
0765636891, 9780765636898
