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The company Tiran Inc. has a weighted average cost of capital (WACC) of 16.5%. The return on equity is 21% and the return on debt
The company Tiran Inc. has a weighted average cost of capital (WACC) of 16.5%. The return on equity is 21% and the return on debt is 10.5%. Corporate income tax is 20%. What is Tiran Inc.'s debt-to-equity ratio? (debt-to-equity ratio)
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Finance For Nonfinancial Managers
Authors: Gene Siciliano
2nd Edition
0071824367, 978-0071824361
