Question
ht Winter's Toyland has a debt-equity ratio of 1.50. The cost of debt is 9 percent and the required return on assets is 17
ht Winter's Toyland has a debt-equity ratio of 1.50. The cost of debt is 9 percent and the required return on assets is 17 percent. What is the cost of equity if you ignore taxes? Write your ans percent rounded to two digits, but don't include the % sign (i.e. write 12.63, not 0.1263). rences Numeric Response
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
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