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A company target capital structure consits of 40% debt and 60% common equity with no preffered stock The yield to maturity on the company debt
A company target capital structure consits of 40% debt and 60% common equity with no preffered stock The yield to maturity on the company debt is 8.5% and its tax rate is 21% The companys WACC is 11.50% What is this companys cost of common equity?
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Municipal Finances A Handbook For Local Governments
Authors: Catherine D. Farvacque-Vitkovic, Mihaly Kopanyi
1st Edition
082139830X, 978-0821398302
