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Jimmy motors consist of 50% debt , 10 % preferred stock and 40% common equity. jimmys pretax cost of debt is 6.5% its cost preferred
Jimmy motors consist of 50% debt , 10 % preferred stock and 40% common equity. jimmys pretax cost of debt is 6.5% its cost preferred is 8% and retained earnings is 12%. what is jimmys WACC if it has 21% marginal tax?
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Auditing And Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
12th Edition
1264100671, 978-1264100675
