Question
The cost of equity is 12.4%, cost of debt is 9%, tax rate is 40%. Target weight for debt is 45% and for equity is
The cost of equity is 12.4%, cost of debt is 9%, tax rate is 40%. Target weight for debt is 45% and for equity is 55%.
What is the corporate cost of capital?
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
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