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A firm is 79.00% equity. It has a cost of equity of 17.00%, a pre-tax cost of debt of 7.00%, and a marginal tax rate
A firm is 79.00% equity. It has a cost of equity of 17.00%, a pre-tax cost of debt of 7.00%, and a marginal tax rate of 23.00%. What is the firm's after-tax cost of equity?
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
6th Edition
978-1506396811, 150639681X
