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The Paulson Company's year - end balance sheet is shown below. Its cost of common equity is 1 6 % , its before - tax
The Paulson Company's yearend balance sheet is shown below. Its cost of common equity is its beforetax cost of debt is and its marginal tax rate is Assume that the firm longterm debt sells at par value. The firm's total debt, which is the sum of the company's shortterm debt and longterm debt, equals $ The firm has shares of common stock outstanding that sell for $ per share.
tableAssetsLlabilitles And EquityCash$Accounts payable and accruals,$
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