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Question 37 1 pts A firm wants to create a WACC of 11.2 percent. The firm's cost of equity is 16.8 percent and its pretax
Question 37 1 pts A firm wants to create a WACC of 11.2 percent. The firm's cost of equity is 16.8 percent and its pretax cost of debt is 8.7 percent. The tax rate is 35 percent. What does the debt-equity ratio need to be for the firm to achieve its target WACC? .86 3.67 1.04 3 94 1.01
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Global Marketing management
Authors: Masaaki Kotabe, Kristiaan Helsen
5th edition
470505745, 978-0470505748
