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Use the following information to calculate Southfield Corporation's weighted average cost of capital: The risk free interest rate is 5%. The expected return on the

Use the following information to calculate Southfield Corporation's weighted average cost of capital: The risk free interest rate is 5%. The expected return on the market is 10%. The debt-equity ratio is 3 Southfield Corporations beta is 1.4 Southfields marginal income tax rate is 30%. The company's average borrowing rate is 8%.

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