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A company has $20mm in debt, and a total enterprise value of $50mm. If it's after tax cost of debt is 5% and its cost
A company has $20mm in debt, and a total enterprise value of $50mm. If it's after tax cost of debt is 5% and its cost of equity is 10%, then it's WACC is 8%.
True or False?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
