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A firm that uses 15% debt financing and 85% equity financing has a cost of debt of 7.5% and a cost of equity of 17%.
A firm that uses 15% debt financing and 85% equity financing has a cost of debt of 7.5% and a cost of equity of 17%. If the corporate tax rate is 35%, what is the firm's WACC?
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Capital Markets Institutions And Instruments
Authors: Frank J. Fabozzi, Franco Modigliani
4th Edition
0136026028, 9780136026020
