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Question 13 Coles Group has an optimal debt to equity ratio of 1/2. Its cost of equity capital is 11.5 percent. The yield on bonds

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Question 13 Coles Group has an optimal debt to equity ratio of 1/2. Its cost of equity capital is 11.5 percent. The yield on bonds issued by Coles arm-n is 7% The mareinal corporate tax rate is 30%. To two decimal 9.30%. This was the correct answer. oles Group expressed as a percentage is: ect

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