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Calculate the weighted average cost of capital and the weighted average flotation cost for a company with the following data: Debt 70,000 Equity 130,000 Rate
Calculate the weighted average cost of capital and the weighted average flotation cost for a company with the following data:
Debt 70,000
Equity 130,000
Rate on debt 7%
Rate on equity 10%
Flotation rate on debt 3%
Flotation rate on equity 2%
Tax rate 35%
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