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Problem:

CoffeeCarts Company has a cost of equity of 15%, a cost of debt of 4%, and is financed 30/70 debt and equity, respectively.

Required:

What is this firm's WACC if their tax rate is 29%?

Note: Please provide step by step solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91147770

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