Question
A company has annual net operatingcash flow(X) of 1.1 million dollarsin perpetuity and the market value of its capital (V) is10.4 million dollars. What is
A company has annual net operatingcash flow(X) of 1.1 million dollarsin perpetuity and the market value of its capital (V) is10.4 million dollars. What is the company's cost of capital ko? Provide your answer as a percentage to two decimal places.Do not enter the % sign.
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
