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A company wants to achieve a weighted average cost of capital of 8.44%. The company has a before-tax cost of debt of 6.54% and
A company wants to achieve a weighted average cost of capital of 8.44%. The company has a before-tax cost of debt of 6.54% and a cost of equity of 10.34%. If the tax rate is 22%, what debt-to-equity ratio is needed for the company to achieve its target weighted average cost of capital?
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Matlab An Introduction with Applications
Authors: Amos Gilat
5th edition
1118629868, 978-1118801802, 1118801806, 978-1118629864
