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The Two Dollar Store has a cost of equity of 10.8 percent, the YTM on the company's bonds is 5.4 percent, and the tax rate
The Two Dollar Store has a cost of equity of 10.8 percent, the YTM on the company's bonds is 5.4 percent, and the tax rate is 35 percent. If the company's debt-equity ratio is .43, what is the weighted average cost of capital? Multiple Choice 8.61% O 9.18% O 8.12% O O 7.44% O O 5.70%
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