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The Tip-Top Paving Co. has an equity cost of capital of 16.97% The debt to value ratio is .6 and a cost of debt of
The Tip-Top Paving Co. has an equity cost of capital of 16.97% The debt to value ratio is .6 and a cost of debt of 11%. What is the cost of equity if Tip-Top was unlevered?
- A. 3.06%
- B. 14.73%
- C. 16.97%
- D. 0.08%
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The VAR Implementation Handbook
Authors: Greg Gregoriou
1st Edition
007161513X, 978-0071615136
