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Deez has debt of $15 million that pays an interest rate of 8%, equity of $5 million, and the required return on assets is 12%.
Deez has debt of $15 million that pays an interest rate of 8%, equity of $5 million, and the required return on assets is 12%. The company does not pay any taxes. What is Deez's cost of equity?
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
