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For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at its target
For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at its target capital structure. kd cost of debt; ks cost of retained earnings; ke cost of new common stock
Group of answer choices
ks ke kd WACC
WACC ke ks kd
ke WACC ks kd
None of these sequences are correct.
kd ke ks WACC
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