Question
The firms capital structure is composed of 60% debt and 40% of equity. The firms before-tax cost of debt is 8%, and cost of equity
The firms capital structure is composed of 60% debt and 40% of equity. The firms before-tax cost of debt is 8%, and cost of equity is 13%. The firms marginal tax rate is 30%. Calculate the firms weighted average cost of capital.
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Advanced Finance
Authors: Michael Fardon
1st Edition
1872962319, 1872962173, 978-1872962313, 978-1872962177
