Question
from what i can tell, the marginal tax rate is 40%, the Debt beta is: 0, EMRP is 5%, Cost of debt is 6%, target
from what i can tell, the marginal tax rate is 40%, the Debt beta is: 0, EMRP is 5%, Cost of debt is 6%, target DV ratio is 20%, terminal growth rate after 2011 is : 2.78 Can you confirm that these calculations are true for this specific case?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
