jagmeetcheema
28.06.2019 •
Mathematics
The black bird company plans an expansion. the expansion is to be financed by selling $97 million in new debt and $71 million in new common stock. the before-tax required rate of return on debt is 8.60% percent and the required rate of return on equity is 16.27% percent. if the company is in the 34 percent tax bracket, what is the weighted average cost of capital?
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