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Business, 19.10.2021 14:00 ovengel12

Company ACompany B Market Value of Equity$350,000$150,000 Market Value of Debt$100,000$150,000 Cost of Equity9%10% Cost of Debt1.5%2% Tax Rate30%25% Based solely on their current weighted average cost of capital, which company should pursue an investment opportunity with an expected return of 5.5%?

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