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Business, 13.03.2020 01:02 hesterkl1225

McKean, Inc. has a debt-equity ratio of .70 and a tax rate of 34 percent. The firm does not issue preferred stock. The cost of equity is 12 percent and the after-tax cost of debt is 6 percent. What is McKean's weighted average cost of capital?

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McKean, Inc. has a debt-equity ratio of .70 and a tax rate of 34 percent. The firm does not issue pr...

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