Find weighted average cost of capital of able

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Question: Able Company's shareholders are receiving a 22.5% return and its bondholders get a 14% return. Based on a 50 percent debt/equity ratio, with no preferred stock and a 46 percent tax rate, find Able's weighted average cost of capital. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131931642

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