If the interest rate on debt is 84 and the cost of equity


If the interest rate on debt is 8.4% and the cost of equity is 12.5% and the income tax rate is 35%, then the weighted average cost of capital to a corporation with 60% debt is: A. 10% B. 9.77% C. 4.56% D. 8.28%

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Financial Management: If the interest rate on debt is 84 and the cost of equity
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