Multiple Choice
A Mississauga firm has debt of $18,000, equity of $42,000, a cost of debt of 7.5%, a cost of equity of 11.6%, and a tax rate of 34%. What is the firm's weighted average cost of capital?
A) 9.03%
B) 9.11%
C) 9.38%
D) 9.46%
E) 9.61%
Correct Answer:
Verified
Correct Answer:
Verified
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