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Sunshine corporation's capital structure has a maximum capacity of 60% debt. Their cost of debt is 4% their cost of equity is 10% and their
Sunshine corporation's capital structure has a maximum capacity of 60% debt. Their cost of debt is 4% their cost of equity is 10% and their tax rate is 21% what percent of equity would optimize sunshine corporation's WACC,
I believe the answer is 5.89 but i am unsure. If that is incorrect how would I go about solving this problem?
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