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Tylor Industries has the following capital structure: Capital Structure Debt 40% Common Equity 60% The after-tax cost of debt is 6%, and the cost of
Tylor Industries has the following capital structure:
Debt | 40% |
---|---|
Common Equity | 60% |
The after-tax cost of debt is 6%, and the cost of common equity is 13%. What is the firm's weighted average cost of capital?
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