Question
The 90 day bank bill rate is quoted as 5.2 in the financial press. What is the correct cost of capital k bb to be
The 90 day bank bill rate is quoted as 5.2 in the financial press. What is the correct cost of capital kbb to be used in the WACC calculation. Express as a number accurate to four places (to the nearest basis point). Do not enter the % sign (eg 5.5671% should be entered as .0557).
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Financial Management Theory And Practice
Authors: Eugene F Brigham, Michael C Ehrhardt
11th Edition
0324259689, 9780324259681
