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Given the optimal cost of capital of 11.8%. Debt/Asset% = 40%. A. Construct a balance sheet showing that combination of debt and equity financing using

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Given the optimal cost of capital of 11.8%. Debt/Asset% = 40%. A. Construct a balance sheet showing that combination of debt and equity financing using the following information: Balance Sheet for Firm X as of XXXX/XX Assets $150.000 Debt Equity Total $150.000 B. The debt pays interest of 10.0% annually, and the firm is in the 30 percent marginal tax bracket. What is the after-tax cost of debt

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