A company has 6000000 in debt and 17000000 in total assets


A company has $6,000,000 in debt and $17,000,000 in total assets. If the debt carries an interest rate of 9% and the stockholders are demanding a rate of return of 13%, what would be the company's cost of capital?

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Financial Accounting: A company has 6000000 in debt and 17000000 in total assets
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