[Solved] 29. Say XOMs WACC is 6.8%. The companys d

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29. Say XOMs WACC is 6.8%. The companys debt-to-value ratio is 0.4. Calculate the cost of equity if the corporation pays 4.4% interest rate on

29. Say XOMs WACC is 6.8%. The companys debt-to-value ratio is 0.4. Calculate the cost of equity if the corporation pays 4.4% interest rate on its debt and the firm is at 35% tax bracket.

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