Question
Your newly established company with some funding need in Jamaica borrows 20 million at 14% in Jamaican dollar in Jamaica. At the same time it
Your newly established company with some funding need in Jamaica borrows 20 million at 14% in Jamaican dollar in Jamaica. At the same time it also issued 30 million Jamaican dollar in stock at 18%. The overall tax rate of your new company in Jamaica is 35%. The after tax weighted average cost of capital of this company is:
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The Volatility Surface A Practitioner's Guide
Authors: Jim Gatheral
1st Edition
0471792519, 978-0471792512
