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Craft Corp. has no debt but can borrow at 7%. The firm's WACC is 13%, and the tax rate is 40%. What is Craft Corp.'s
Craft Corp. has no debt but can borrow at 7%. The firm's WACC is 13%, and the tax rate is 40%. What is Craft Corp.'s cost of equity?
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
