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Ausie has an equity cost of capital of 13%, a debt cost of capital of 7%, and it has a 21% corporate tax rate. If
Ausie has an equity cost of capital of 13%, a debt cost of capital of 7%, and it has a 21% corporate tax rate. If Ausie maintains a .5 debt to equity ratio, then Ausie's after-tax WACC is closest to:
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
2nd Edition
0765625229, 9780765625229
