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vladimir1956 [14]
3 years ago
10

A company has 100 million shares outstanding trading for $8 per share. It also has $900 million in outstanding debt. If its equi

ty cost of capital is 15%, and its debt cost of capital is 12%, and its effective corporate tax rate is 40%, what is its weighted average cost of capital? (Show workings)
Business
1 answer:
devlian [24]3 years ago
3 0

Answer: :)

Explanation: :)

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