Question
ABC corp has a target capital structure of 60 percent common stock, 5 percent preferred stock and a 35 percent debt . It's cost of
ABC corp has a target capital structure of 60 percent common stock, 5 percent preferred stock and a 35 percent debt . It's cost of common stock is 10% , the cost of preferred is 5% and the pretax cost of debt is 7% . The relevant tax rate is 30% what is the WACC?
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New Venture Creation A Framework For Entrepreneurial Start-ups
Authors: Paul Burns
2nd Edition
1352000504, 978-1352000504
