Question
A company has annual net operatingcash flow(X) of 1.5 million dollarsin perpetuity and the market value of its capital (V) is11.3 million dollars. What is
A company has annual net operatingcash flow(X) of 1.5 million dollarsin perpetuity and the market value of its capital (V) is11.3 million dollars. What is the company's cost of capital ko? Provide your answer as a percentage to two decimal places.
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
