Question
A company has annual net operating cash flow (X) of 1.3 million dollars in perpetuity and the market value of its capital (V) is 10.1
A company has annual net operating cash flow (X) of 1.3 million dollars in perpetuity and the market value of its capital (V) is 10.1 million dollars. What is the company's cost of capital k o? Provide your answer as a percentage to two decimal places. Do not enter the % sign.
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Financial Management Theory And Practice
Authors: Eugene F Brigham, Michael C Ehrhardt
11th Edition
0324259689, 9780324259681
