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AB, Inc. has a debt-equity ratio of 2. Its WACC is 15 percent, and its cost of debt is 6 percent. The corporate tax rate
- AB, Inc. has a debt-equity ratio of 2. Its WACC is 15 percent, and its cost of debt is 6 percent. The corporate tax rate is 30 percent. What is the firm's unlevered cost of equity capital?
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A First Course in Quantitative Finance
Authors: Thomas Mazzoni
1st edition
9781108411431, 978-1108419574
