ABC Corp currently has a market capitalization of $308 million, a market value of debt of $25 million and no excess cash. The firm's cost
ABC Corp currently has a market capitalization of $308 million, a market value of debt of $25 million and no excess cash. The firm's cost of equity is 11.6% and its cost of debt is 3.9%. Assuming perfect markets, calculate the unlevered cost of capital for ABC Corp. Express your answer in percent and round to two decimals (do not include the %-symbol in your answer).
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Authors: Stephen L. Nesbitt
2nd Edition
1119944392, 978-1119944393
