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A firm is financed with twice as much debt as equity, incurs a 7% cost of debt, 16.5% cost of equity, and a 34% tax
A firm is financed with twice as much debt as equity, incurs a 7% cost of debt, 16.5% cost of equity, and a 34% tax rate. What is the required return on assets?
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
