Question
The Texas Inc. has a cost of equity of 16.5 percent and a pre-tax cost of debt of 9.4 percent. The firm's target weighted average
The Texas Inc. has a cost of equity of 16.5 percent and a pre-tax cost of debt of 9.4 percent. The firm's target weighted average cost of capital is 13 percent and its tax rate is 30 percent. What is the firm's debt-equity ratio?
| 0.54 | ||
| 0.46 | ||
| 0.37 | ||
| 0.69 |
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The Handbook Of Mortgage Backed Securities
Authors: Frank Fabozzi
6th Edition
0071460748, 978-0071460743
