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Business, 22.07.2021 23:10 leo4687

Croft Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 16 percent, and the cost of debt is 8 percent. The relevant tax rate is 24 percent. What is the company's WACC

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Croft Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its...
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