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Business, 19.08.2020 01:01 vdestiny858

A firm's cost of equity is 22%. Its before-tax cost of debt is 13% and its marginal tax rate is 21%. The firm's capital structure calls for a debt-to-equity ratio of 45%. Calculate the firm's cost of capital

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A firm's cost of equity is 22%. Its before-tax cost of debt is 13% and its marginal tax rate is 21%....

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