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QUESTION 19 The market value of Lowe's common stock is $150 billion and the market value of its debt is $60 billion. Equity makes up

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QUESTION 19 The market value of Lowe's common stock is $150 billion and the market value of its debt is $60 billion. Equity makes up what percentage of the company's total capital? 10.0%28.6%71.4%60.0% QUESTION 20 The market value of Cable Company's equity is $60million, and the market value of its debt is $40milion. If the required rate of return on the equity is 15 percent and that on its debt is 5 percent, calculate the company's cost of capital. (Assume no taxes.) 15 percent 10 percent 11 percent 3 percent

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