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Wentworth's Five and Dime Store has a cost of equity of 12.2 percent. The company has an aftertax cost of debt of 4.9 percent, and
Wentworth's Five and Dime Store has a cost of equity of 12.2 percent. The company has an aftertax cost of debt of 4.9 percent, and the tax rate is 21 percent. If the company's debt- equity ratio is .82, what is the weighted average cost of capital ? 57:00
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
