Question
Find cost of capital for Nike. Steps involved: Determine equity beta, determine its current capital structure, determine its pre-tax cost of debt (keep in mind
Find cost of capital for Nike.
Steps involved: Determine equity beta, determine its current capital structure, determine its pre-tax cost of debt (keep in mind that determining cost of debt for companies with low credit rating involves different approach than for companies with high debt rating), determine weighted average cost of capital (r WACC)
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
5th Canadian edition
978-1118024492
