Business, 09.11.2019 00:31 kylierice1

The december 31, 2007, partial balance sheet and the 2007 retained earnings statement from colgate-palmolive company (cl) follow ($ millions, except per share amounts). the website finance. yahoo reported that the total market capitalization of colgate-palmolive was $39.91 billion and its stock price was $78.40 as of december 31, 2007. also, yahoo estimates its total enterprise value at $42.49 billion, and its market beta at 0.46. in addition, colgate-palmolive's average pretax borrowing cost is 4.80%, and its marginal tax rate is 35%. assume that the risk-free rate equals 5.30% and the market premium equals 5.70%.(b) compute the book value of colgate-palmolive's long-term debt as of december 31, 2007.$answer million

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The december 31, 2007, partial balance sheet and the 2007 retained earnings statement from colgate-p...

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