Multiple Choice
Ignoring taxes, Pewter & Glass has a weighted average cost of capital of 10.82 percent. The company can borrow at 7.4 percent. What is the cost of equity if the debt-equity ratio is .68?
A) 12.87%
B) 13.15%
C) 11.09%
D) 15.85%
E) 12.49%
Correct Answer:
Verified
Correct Answer:
Verified
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