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Tomeco Co. has a WACC of 9 percent. Its debt sells at a yield to maturity of 5 percent, and its tax rate is 40
Tomeco Co. has a WACC of 9 percent. Its debt sells at a yield to maturity of 5 percent, and its tax rate is 40 percent. Its cost of equity is 14 percent. What is Tomecos Equity/Total Assets ratio?
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An Introduction To Financial Markets A Quantitative Approach
Authors: Paolo Brandimarte
1st Edition
1118014774, 9781118014776
