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A company has only two type of capital : debt and equity. It has a target debt-equity ratio of 1.3 . Its cost of equity
A company has only two type of capital : debt and equity. It has a target debt-equity ratio of 1.3 . Its cost of equity is 8% , and its cost of debt is 5%. If the tax rate is 34% , what is the company s WACC? (Enter your answers a percent rounded to 2 decimal places, leave out % sign, for example, for answer 0.43%, enter 0.43 only)
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
