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Business, 04.04.2020 02:02 lakaralake11

G If the company has a target capital structure of 50% debt and 50% common equity, with no preferred stock. The yield to maturity on the company’s outstanding bonds is 8%, and its tax rate is 40%. If the company’s WACC is 9.6%. What is the company’s cost of common equity? (Answer : %)

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