Question
Brown's Department Store has a cost of equity of 19.1 percent, a pre-tax cost of debt of 8 percent, and a WACC of 14 percent.
Brown's Department Store has a cost of equity of 19.1 percent, a pre-tax cost of debt of 8 percent, and a WACC of 14 percent. Ignore taxes. What is the debt-equity ratio?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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