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help please Problem 16-19 Leverage and the Cost of Capital (LO2) Dusit is financed 23% by debt yielding 8.6%. Investors require a return of 15.6%
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Problem 16-19 Leverage and the Cost of Capital (LO2) Dusit is financed 23% by debt yielding 8.6%. Investors require a return of 15.6% on Dusit's equity. a. What is the company's weighted-average cost of capital if the corporate tax rate is 21% ? b. What would be the company's cost of capital if it were exempted from corporate tax? Note: For all the requirements, do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal placesStep by Step Solution
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