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    Fundamentals of Corporate Finance Study Set 22
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    In a World of Corporate Taxes Only, Show That the WACC
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In a World of Corporate Taxes Only, Show That the WACC

Question 68

Question 68

Essay

In a world of corporate taxes only, show that the WACC can be written as WACC = RU ´ [1 - TC ´
(D/V)].

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