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Question 14 (1 point) A company has a cost of equity of 15.22% and an unlevered cost of capital of 11.29%. The company has $20,050
Question 14 (1 point) A company has a cost of equity of 15.22% and an unlevered cost of capital of 11.29%. The company has $20,050 in debt that is selling at par value. The levered value of the firm is $35,644, and the tax rate is 34%. What is the pre-tax cost of debt? 6.16% 6.33% 6.49% 6.66% 6.83% Previous Page Next Page Page 14 of 25
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