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Question 15 4 pts Assume that SMM Corporation is a leveraged company with the following information: Cost of equity capital for SMM-10%; Before-tax borrowing cost

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Question 15 4 pts Assume that SMM Corporation is a leveraged company with the following information: Cost of equity capital for SMM-10%; Before-tax borrowing cost = 6%; Marginal corporate income tax rate - 30%. Calculate the debt-to-total-market-value ratio that would result in SMM having a weighted average cost of capital of 8%. 42.37% 45.54% O 36.36% 51.23%

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