The cherished cats cost of equity is 146 percent and its


The Cherished Cat's cost of equity is 14.6 percent and its pre-tax cost of debt is 8.7 percent. What is the firm's weighted average cost of capital if its debt-equity ratio is 0.65 and the tax rate is 28 percent?

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Financial Management: The cherished cats cost of equity is 146 percent and its
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