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Standex expect to continue policy of borrowing 30 of its

Standex Products has estimated that its after-tax cost of debt is 6% and its cost of common equity is 16%. Standex expects to continue a policy of borrowing 30% of its needed capital with the remainder provided by common equity. Calculate its weighted average cost of capital.

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Financial Accounting: Standex expect to continue policy of borrowing 30 of its

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Financial Accounting: Standex expect to continue policy of borrowing 30 of its

Reference No:- TGS02620083

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