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. Butler, Inc., has a target debt-equity ratio of 1.50. Its WACC is 8 percent, and the tax rate is 23 percent. a. If the
. Butler, Inc., has a target debt-equity ratio of 1.50. Its WACC is 8 percent, and the tax rate is 23 percent. a. If the company's cost of equity is 11.9 percent, what is its pretax cost of debt? (D...
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Behavioral Finance Psychology Decision-Making and Markets
Authors: Lucy Ackert
1st edition
324661177, 978-0538752862, 538752866, 978-1111781675, 1111781672, 978-1133455486, 978-0324661170
