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A firm's pre-tax cost of debt is 10%. If the firm is of average risk, what is the cost of equity using the bond yield
A firm's pre-tax cost of debt is 10%. If the firm is of average risk, what is the cost of equity using the bond yield plus premium approach?
| a. | 11% | |
| b. | 15% | |
| c. | 13% | |
| d. | 10% | |
| e. | 14% |
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Real Estate Finance
Authors: Walt Huber, Levin P. Messick
5th Edition
0916772438, 9780916772437
