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Assume JBH has debt with a book value of $ 2 0 million, trading at 1 2 0 % of par value. The bonds have
Assume JBH has debt with a book value of $ million, trading at of par value. The bonds have a yield to maturity of The firm has book equity of $ million, and million shares trading at $ per share. The firms cost of equity is What is JBHs WACC if the firms marginal tax rate is
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