Business, 07.01.2020 01:31 deanblackstone

The capital structure of merritt co. is 20% common equity and debt equal to 80%. the cost of common equity is 10% and the pretax cost of debt is 5%. merritt's tax rate is 21%. what is merritt's weighted-average cost of capital?

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The capital structure of merritt co. is 20% common equity and debt equal to 80%. the cost of common...

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