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The following data pertains to Xena Corp. Total Assets Xena Corp. $18.888 Interest-Bearing Debt (market value) $11,070. Average borrowing rate for debt Common Equity
The following data pertains to Xena Corp. Total Assets Xena Corp. $18.888 Interest-Bearing Debt (market value) $11,070. Average borrowing rate for debt Common Equity 10.2% Rag question Book Value $4,920 Market Value 120,664 Marginal Income Tax Rate Market Detai 22% 1.73 Using the information from the table, determine the weight on equity capital that should be used to calculate Xena's weighted average cost of capital Select one: Oa.65.1% b. 50.8% O c. 69.0% d. 30.8%
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