The transit Co . Has before tax cost of 8% and a cost of equity of 10%
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Question:
The transit Co . Has before tax cost of 8% and a cost of equity of 10% . The firm has 40% debt and 60% equity. The tax rate is 34 % . What is the weighted average
group of answers choices
8.11%
9.28%
9.62%
10.53%
13.62%
Expert Answer:
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