Wentworth's Five and Dime Store has a cost of equity of 11.3 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 11.3 percent. The company has an aftertax cost of debt of 4.9 percent, and the tax rate is 40 percent. If the company's debtequity ratio is .73, what is the weighted average cost of capital?
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Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
