Question
Fyre, Inc., has a target debtequity ratio of 1.45. Its WACC is 9.6 percent, and the tax rate is 38 percent. . If the companys
Fyre, Inc., has a target debtequity ratio of 1.45. Its WACC is 9.6 percent, and the tax rate is 38 percent.
| . | If the companys cost of equity is 13 percent, what is its pretax cost of debt?
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Project Finance For Construction
Authors: Anthony Higham, Carl Bridge, Peter Farrell
1st Edition
1138941298, 978-1138941298
