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Einstein Engineering has a target debt-equity ratio of .90. Its cost of equity is 14 % and its cost of debt is 6.5 %. If
Einstein Engineering has a target debt-equity ratio of .90. Its cost of equity is 14 % and its cost of debt is 6.5 %. If the tax rate is 30 %, what is Einstein's WACC?
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Personal Finance An Integrated Approach
Authors: Bernard J. Winger
4th Edition
0198520972, 9780132696302
