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Suppose the Washington Post Company WPO has no debt and any equity cost of capital of 9.2%. The average debt-to-value ratio for the publishing industry
Suppose the Washington Post Company WPO has no debt and any equity cost of capital of 9.2%. The average debt-to-value ratio for the publishing industry is 13%. what would its cost of equity be if it took on the average amount of debt for its industry at a cost of debt of 6%?
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