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please help me!! thanks in advance:) Q/ Jacque Ewing Drilling, Inc. has a beta of 1.3 and is trying to calculate its cost of equity
please help me!! thanks in advance:)
Q/ Jacque Ewing Drilling, Inc. has a beta of 1.3 and is trying to calculate its cost of equity capital. If the risk-free rate of return is 4 percent and the expected return on the market is 12 percent, then what is the firm's after-tax cost of equity capital if the firm's marginal tax rate is 40 percent?
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