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a firm has 6% bond YTM and 10% cost of equity. Market value for bonds is $20m, and $80m for equity. Assuming a 40% tax
a firm has 6% bond YTM and 10% cost of equity. Market value for bonds is $20m, and $80m for equity. Assuming a 40% tax rate, what is the WACC?
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Using Financial Accounting
Authors: Carl S. Warren, Jeff Jones, Amanda Farmer
1st Edition
0357507851, 9780357507858
