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Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt equity ratio of 115 . The cost of equity is 12.2

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Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt equity ratio of 115 . The cost of equity is 12.2 percent and the pretax cost of debt is 7 percent. What is the capital structure weight of the firm's equity if the firm's tax rate is 40 percent? Muttiple Choice 4651 4373 5104 5369

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