Question
Aqua Ltd. has a target debt-equity ratio of 0.82 . Its WACC is 8.35%, and the tax rate is 34% . If Aqua Ltd.s pre-tax
Aqua Ltd. has a target debt-equity ratio of 0.82. Its WACC is 8.35%, and the tax rate is 34%.
If Aqua Ltd.s pre-tax cost of debt is 7.2%, what is the cost of equity? (5 points)
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
