Question
The crm company has a current debt to equity ratio of 0.52 and a target debt to equity ratio of 0.45. The cost of issuing
The crm company has a current debt to equity ratio of 0.52 and a target debt to equity ratio of 0.45. The cost of issuing equity is 9.5% and the cost of issuing debt is 6.6%. What should the company use as the weighted average cost of issuance?
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
