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2 months ago
A firm requires an investment of $40,000 and borrows $10,000 at 8%.  If the return on equity is 20%, what is the firm's pre tax WACC?

▸ 16%

▸ 17%

▸ 14%

▸ 15%
Textbook 

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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