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Suppose the weighted average cost of capital of the Blossom Company is 1 4 percent If Blossom has a capital structure that is percent debt
Suppose the weighted average cost of capital of the Blossom Company is percent If Blossom has a capital structure that is percent debt and percent equity its before tax cost of debt is percent, and its marginal tax rate is percent, determine cost of equity capital Round Intermediate calculations to decimal places. and final answer to decimal place, eg
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