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A firm has a debt-equity ratio of .5 and a tax rate of 40 percent. Its cost of equity is 10 percent and its pre-tax
A firm has a debt-equity ratio of .5 and a tax rate of 40 percent. Its cost of equity is 10 percent and its pre-tax cost of debt is 8 percent. What is the firms WACC?
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
