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An MNC has total assets of $20 million. The firms cost of pretax debt is 12%, and its equity financing cost is 15%. The MNC
An MNC has total assets of $20 million. The firms cost of pretax debt is 12%, and its equity financing cost is 15%. The MNC has a corporate tax rate of 20%. what is the capital cost of this company?
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Public Finance In Canada
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
5th Canadian Edition
1259030776, 978-1259030772
