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Question 3 5 pts Plankton Foods has a target capital structure of 50% debt and 50% equity. The yield to maturity on the company's outstanding
Question 3 5 pts Plankton Foods has a target capital structure of 50% debt and 50% equity. The yield to maturity on the company's outstanding bonds is 7.5%, and the company's tax rate is 30%. Plankton's CFO has calculated the company's WACC as 10,30%. What is the company's cost of equity capital? 16 10% 15:35 13.00% 9.85%
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