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Business, 14.08.2020 01:01 mamatonya5p5jl11

David Ortiz Motors has a target capital structure of 45% debt and 55% equity. The yield to maturity on the company's outstanding bonds is 12%, and the company's tax rate is 40%. Ortiz's CFO has calculated the company's WACC as 11.35%. What is the company's cost of equity capital

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David Ortiz Motors has a target capital structure of 45% debt and 55% equity. The yield to maturity...

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