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Company X is 30% financed by risk free debt. The expected rate of return on the companys shares is 12%. Given borrowing rate =
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
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