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ST Farms have $480,000 of assets and $200,000 of liabilities. Their tax rate is 31%. Their costs of debt and equity are 9% and
ST Farms have $480,000 of assets and $200,000 of liabilities. Their tax rate is 31%. Their costs of debt and equity are 9% and 14%, respectively. What is ST Farms weighted average cost of capital? O a. 10.76% O b. 12.21% O c. 8.17% Od. 14.67%
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
