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The Five and Dime Store has a cost of equity of 15,8 percent, a pretax cost of debt of 7.7 percent, and a tax rate
The Five and Dime Store has a cost of equity of 15,8 percent, a pretax cost of debt of 7.7 percent, and a tax rate of 35 percent. What is the firm's weighted average cost of capital if the debt-equity ratio is 0.40? 10.18 percent 11.72 percent 12.72 percent 13.49 percent 14.93 percent D Question 24 2.5 pts Four years ago, the Morgan Co. issued 15-year, 7.0 percent semiannual coupon bonds at par. Today, the bonds are quoted at 101.6. What is this firm's pretax cost of debt? 6.97 percent 7.08 percent 8.79 percent 6.83 percent 7.39 percent
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