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A company with a D/E ratio of 1.2 has a cost of equity of 11.25%. The company can borrow at 7%. Assume the corporate tax
A company with a D/E ratio of 1.2 has a cost of equity of 11.25%. The company can borrow at 7%. Assume the corporate tax rate is 20%. What is this company's unlevered cost of equity?
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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
