The tip-top paving co has an equity cost of capital of 1697


The Tip-Top Paving Co. has an equity cost of capital of 16.97%. The debt to value ratio is .6, the tax rate is 34%, and the cost of debt is 11%. What is the cost of equity if Tip-Top was unlevered?

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Finance Basics: The tip-top paving co has an equity cost of capital of 1697
Reference No:- TGS0612056

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