The five and dime store has a cost of equity of 158 percent


The Five and Dime Store has a cost of equity of 15.8 percent, a pretax cost of debt of 7.7 percent, and a tax rate of 35 percent. What is the firm's weighted average cost of capital if the debt-equity ratio is 0.40?

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Finance Basics: The five and dime store has a cost of equity of 158 percent
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