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Thanks The company estimates that it can issue debt at a rate of ( r_{d}=10 % ), and its tax rate is ( 40 %
Thanks The company estimates that it can issue debt at a rate of \( r_{d}=10 \% \), and its tax rate is \( 40 \% \). It can issue preferred stock that pays a constant dividend of \( \$ 4 \) per year at \( \$ 2 answers
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