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You are given the following information for a company: Long Term Debt Outstanding Current Yield to Maturity rdebt Number of shares of common stoclk Price
You are given the following information for a company: Long Term Debt Outstanding Current Yield to Maturity rdebt Number of shares of common stoclk Price per share Book value per share Expected rate of return on stock requity $300,000 8% 10,000 $50 $25 15% Calculate the company's cost of capital. Ignore taxes
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