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A firm has an all-equity capital structure with an equity value pf $238,600. The expected earnings are $52,400 based on estimated sales of $300,000. The
A firm has an all-equity capital structure with an equity value pf $238,600. The expected earnings are $52,400 based on estimated sales of $300,000. The firm pays no taxes and can borrow at 6.7% What is the value of RWACC? A) 17.47% B) 11.70% C) 35.11% D) 21.96% E) 15.99%
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
