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Energy Drinks Inc. has a target debt-equity ratio of .85. Its WACC is 9.9%, and the tax rate is 35%. If the company's cost of
Energy Drinks Inc. has a target debt-equity ratio of .85. Its WACC is 9.9%, and the tax rate is 35%. If the company's cost of equity is 14%, then its pre-tax cost of debt is
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Managerial Accounting
Authors: Davis, Charles E., Elizabeth
1st Edition
0471699608, 978-0471699606
