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Kelso's has a debt-equity ratio of 0.55 and a tax rate of 35 percent. The firm does not issue preferred stock. The cost of equity is 14.5 percent and the aftertax cost of debt is 4.8 percent. What is the weighted average cost of capital?
A. 10.46 percent
B. 10.67 percent
C. 11.06 percent
D. 11.57 percent
How do i work out this problem?
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The Topic is Marketing ( Product, Services , Branding ,Packaging ) If you don’t trust yourself at that topic please don’t answer the questions , All 7 question has to be answered
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