Zorin industries has a debt-equity ratio of 16 its wacc is, Financial Management

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Zorin industries has a debt-equity ratio of 16 its wacc is

Zorin Industries has a debt-equity ratio of 1.6. Its WACC is 12%, and its cost of debt is 6%. The corporate tax rate is 35%

What is Zorin’s cost of equity capital? (Answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations.)

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Financial Management: Zorin industries has a debt-equity ratio of 16 its wacc is

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Financial Management: Zorin industries has a debt-equity ratio of 16 its wacc is

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