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Business, 04.05.2021 14:00 jetblackcap

Terex company has a beta of 1.7 and is trying to calculate its cost of equity capital. If the risk-free rate of return is 5 percent and the average market return 16 percent, then what is the firm's after-tax cost of equity capital if the firm's marginal tax rate is 30 percent? Select one: a. 23.7 % O b. 22.5 % O c. None of these O d. 22.8 %

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Terex company has a beta of 1.7 and is trying to calculate its cost of equity capital. If the risk-f...

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