Question
Sun Sports has an unlevered cost of capital of 14.3 percent, a cost of debt of 8.7 percent, and a tax rate of 35 percent.
Sun Sports has an unlevered cost of capital of 14.3 percent, a cost of debt of 8.7 percent, and a tax rate of 35 percent. What is the target debt-equity ratio if the targeted levered cost of equity is 16.34 percent?
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The Social Media Handbook For Financial Advisors
Authors: Matthew Halloran
1st Edition
1118208013, 978-1118208014
