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A firm has a debt-to-equity ratio of 0.43. Its cost of equity is 19%, and its cost of debt is 13%. If the corporate tax
A firm has a debt-to-equity ratio of 0.43. Its cost of equity is 19%, and its cost of debt is 13%.
If the corporate tax rate is 37%, what would it's cost of equity be if the firm was all equity financed?
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
