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help me please Topstone Industries has a target debt-equity ratio of 0.7 . The firm's cost of debt is 6.8% and the cost of equity
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Topstone Industries has a target debt-equity ratio of 0.7 . The firm's cost of debt is 6.8% and the cost of equity is 13.1%. The company has a 30% tax rate. What is the firm's weighted average cost of capital? Multiple Choice 9.28% 9.67% 6.96% 11.41% 6.19\%Step by Step Solution
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