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Business, 07.12.2019 03:31 DjPeaceQueen

The five and dime store has a cost of equity of 14.8 percent, a pretax cost of debt of 6.7 percent, and a tax rate of 34 percent. what is the firm's weighted average cost of capital if the debt-equity ratio is .46?

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The five and dime store has a cost of equity of 14.8 percent, a pretax cost of debt of 6.7 percent,...
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