faithb3653 faithb3653

26-01-2024
Business

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The weighted-average cost of capital for a firm with a 40/60 debt/equity split, 8% cost of debt, 15% cost of equity, and a 34% tax rate would be:
A. 12.20%.
B. 8.63%.
C. 11.11%.
D. 13.80%.

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