Question
The ABC Co.s flotation costs of equity and debt are 6.5% and 4.5%, respectively. If the company's weighted flotation cost is 5.38%, its D/E ratio
The ABC Co.s flotation costs of equity and debt are 6.5% and 4.5%, respectively. If the company's weighted flotation cost is 5.38%, its D/E ratio is________.
A. 14/25
B. 25/14
C. 11/14
D. 2/3
E. 14/11
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Fundamentals Of Financial Planning
Authors: Michael A Dalton, Joseph Gillice
3rd Edition
1936602091, 9781936602094
