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Please solve using an excel formula such as =FV or =price. company plans to start a project that is equally as risky as the firm's
Please solve using an excel formula such as =FV or =price.
company plans to start a project that is equally as risky as the firm's current operations. The firm has a cost of equity of 14% and a pretax ost of debt of 8%. The debt-equity ratio is 46 and the tax rate is 21%. What is the cost of capital for this projectStep by Step Solution
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