Multiple Choice
A firm has debt of $12,000,a leveraged value of $26,400,a pre-tax cost of debt of 9.20 percent,a cost of equity of 17.6 percent,and a tax rate of 37 percent.What is the firm's weighted average cost of capital?
A) 11.47 percent
B) 11.52 percent
C) 11.69 percent
D) 12.23 percent
E) 12.48 percent
Correct Answer:
Verified
Correct Answer:
Verified
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