Question
Starfish limited has a WACC (unadjusted) of 12%. It can borrow at 8%. Assuming that the company has a target capital structure of 80% equity
Starfish limited has a WACC (unadjusted) of 12%. It can borrow at 8%. Assuming that the company has a target capital structure of 80% equity and 20% debt, what is its cost of equity?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
