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The Goods Store has a cost of equity of 12.5% and a pre-tax cost of debt of 6.5% and a tax rate of 30.0%. What
The Goods Store has a cost of equity of 12.5% and a pre-tax cost of debt of 6.5% and a tax rate of 30.0%. What is the firm's weighted average cost of capital if the debt-equity ratio is 55.0%? I've got the answer (9.68%), but need the equation used to get there. Thanks
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Project Finance
Authors: B Rajesh Kumar
1st Edition
3030967247, 978-3030967246
