Able companys shareholders are receiving a 225 return and, Finance Basics

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Able companys shareholders are receiving a 225 return and

Question: Able Company's shareholders are receiving a 22.5% return and its bondholders get a 14% return. Based on a 50 percent debt/equity ratio, with no preferred stock and a 46 percent tax rate, find Able's weighted average cost of capital. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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