Bruce & Co. expects its EBIT to be $100,000 every year forever. The firm can borrow at 11 percent. Bruce currently has no debt, and its cost of equity is 18 percent. The tax rate is 31 percent. Bruce will borrow $61,000 and use the proceeds to repurchase shares, which is referred to as the recapitalization. What will the debt-to-equity ratio be after the recapitalization? Multiple Choice 0.00 percent 15.16 percent 17.88 percent 84.84 percent 100.00 percent
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Business, 22.06.2019 20:40
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Business, 23.06.2019 01:30
True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.
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Business, 23.06.2019 02:00
Abc electronics wants someone to install a top-of-the-line security system in its two buildings, a system that not only sounds an alarm but also simultaneously notifies authorities and the company president. video surveillance of the premises should also be a capability of the security system. n order to obtain price quotes, what should the company write? a.an unsolicited proposal b.an internal proposal c.an external proposal d.a request for proposals
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Business, 23.06.2019 11:30
1. what are some of the barriers alibaba is facing as it expands globally?
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Bruce & Co. expects its EBIT to be $100,000 every year forever. The firm can borrow at 11 percen...
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