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Answer to this one please, thank you Felix Filter maintains a debt-equity ratio of 0.6. The cost of equity for Richardson Corp. is 16%, the
Answer to this one please, thank you
Felix Filter maintains a debt-equity ratio of 0.6. The cost of equity for Richardson Corp. is 16%, the cost of debt is 11% and the marginal tax rate is 30%. What is the weighted average cost of capital? O 11.02% O 14.12% O 13.00% O 12.89%Step by Step Solution
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