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3. In chapter 8 we examined the cost of capital, specifically focusing on the cost of debt and the cost of equity. Please discuss how

3. In chapter 8 we examined the cost of capital, specifically focusing on the cost of debt and the cost of equity. Please discuss how we define the cost of debt and the cost of equity; ensure you include which one has the tax benefits associated with it, and a description of (reason for) those tax benefits.

Book title is higgins Analysis for financial management 12th edition

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