Afirm has a weighted average cost of capital of 10295


A firm has a weighted average cost of capital of 10.295 percent and a cost of equity of 14.7 percent. The debt-equity ratio is 0.75. Tax rate is 32%. What is the firm's cost of debt?

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Finance Basics: Afirm has a weighted average cost of capital of 10295
Reference No:- TGS0936482

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