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ABC Co.'s cost of equity is 12%. The YTM of its outstanding debt is 5%, and its marginal tax rate is 40%. The market value
ABC Co.'s cost of equity is 12%. The YTM of its outstanding debt is 5%, and its marginal tax rate is 40%. The market value of its equity is $1,728,000 and the market value of its debt is $1,152,000. What is ABC's weighted average cost of capital? Enter your answer as a decimal, rounded to 4 decimal places. Your
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
