Question
A firm has a target weighted average cost of capital (WACC) of 7.8 percent, an after-tax cost of debt of 3.1 percent, and a cost
A firm has a target weighted average cost of capital (WACC) of 7.8 percent, an after-tax cost of debt of 3.1 percent, and a cost of equity of 11.9 percent. What debt/equity ratio does the firm need to achieve its target? Round your answer to 2 decimal places.
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Alternative Decision Making Models For Financial Portfolio Management Emerging Research And Opportunities
Authors: Narela Spaseski
1st Edition
1522532595,1522532609
