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Baros Plc has 20m ordinary 25c shares quoted at $3, and $8m of loan notes quoted at $85. The cost of equity has already been
Baros Plc has 20m ordinary 25c shares quoted at $3, and $8m of loan notes quoted at $85. The cost of equity has already been calculated at 15% and the cost of debt (net of tax) is 7.6%. Required: Calculate the weighted average cost of capital. Note: Traded debt is always quoted in $100 nominal units or blocks
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Managerial Accounting Strayer University
Authors: Strayer University
3rd Custom Edition
0077234804, 978-0077234805
