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Accounting

Problem:

The ABC Company has a cost of equity of 10.1 percent, a pre-tax cost of debt of 5.3 percent, and a tax rate of 29 percent.

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Question: What is the firm's weighted average cost of capital if the weight of debt is 59 percent?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91173481

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