Question
Problem 12-10 Taxes and WACC [LO 3] Benjamin Manufacturing has a target debt-equity ratio of .62. Its cost of equity is 13.3 percent, and its
Problem 12-10 Taxes and WACC [LO 3]
| Benjamin Manufacturing has a target debt-equity ratio of .62. Its cost of equity is 13.3 percent, and its cost of debt is 8.3 percent. |
| Required: |
| If the tax rate is 38 percent, what is the company |
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Derivatives And Internal Models
Authors: H. Deutsch
4th Edition
1349307661, 9781349307661
