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Business, 09.08.2021 23:20 chy2313

The capital structure of Ridley Enterprises is: Debt 40%, Equity 60%. The cost of debt is 13%, and the cost of equity is 16.5%. What is the weighted average cost of capital for Ridley Enterprises? A. 14.4%
B. 16.2%
C. 15.1%
D. 13.8% 39.

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