Question
If my company has a weighted average cost of capital of 10%, cost of equity is 14%, pretax cost of debt is 8%, and the
If my company has a weighted average cost of capital of 10%, cost of equity is 14%, pretax cost of debt is 8%, and the tax rate is 38% what is the debt-equity ratio?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
