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Kendall Corporation has no debt but can borrow at 6 percent. The firm's WACC is currently 1 1 percent, and there is no corporate tax.
Kendall Corporation has no debt but can borrow at percent. The firm's WACC is currently percent, and there is no corporate tax.
a What is the company's cost of equity?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, eg
b If the firm converts to percent debt, what will its cost of equity be
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
c If the firm converts to percent debt, what will its cost of equity be
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
d What is the company's WACC in parts b and c
Note: Do not round intermediate calculations and enter your answers as a percent rounded to the nearest whole number, eg
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