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Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt-equity ratio of 1.39. The cost of equity is 13.4 percent and
Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt-equity ratio of 1.39. The cost of equity is 13.4 percent and the pretax cost of debt is 7.5 percent. What is the cipetitu icture weight of the firm's equity if the firmis tax rate is 24 percent? Moitple Choice 3906 5816 4902 4637 4184
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