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The firms annual cost of retained earnings is 14%. Its after-tax cost of debt is equal to 14.36%. Given these costs of capital and the
- The firms annual cost of retained earnings is 14%. Its after-tax cost of debt is equal to 14.36%. Given these costs of capital and the firms target capital structure described above(The firms corporate tax rate is 21%, and its target capital structure is 60% debt and 40% equity.), what is the firms weighted average cost of capital?
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The Handbook Of Equity Market Anomalies
Authors: Leonard Zacks
1st Edition
0470905905, 978-0470905906
