Question
Consider a firm that has 33% of debt. The rate of return for debt is 5% and the rate of return for equity is 14%.
Consider a firm that has 33% of debt. The rate of return for debt is 5% and the rate of return for equity is 14%. The corporate tax rate is 30%. What is the weighted average cost of capital? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include the percentage sign in your answer.
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Structured Finance Leveraged Buyouts Project Finance Asset Finance And Securitization
Authors: Charles-Henri Larreur
1st Edition
1119371104, 978-1119371106
