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Required return on assets = 16%(same as WACC=16%) cost of debt = 10%; debt=45% (tax is ignored) What is the cost of equity Suppose instead
Required return on assets = 16%(same as WACC=16%) cost of debt = 10%; debt=45% (tax is ignored) What is the cost of equity Suppose instead that the cost of equity is 22%, what is the debt-to-equity ra...
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