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Cell6 Cell6
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James Bay Water Park operates in a world with 15% taxes and no financial distress. The firm has a debt/equity ratio of 1. The cost of equity to James Bay Water Park is 20% and the cost of debt is 8%. The only difference between Whispering Pines Resort and James Bay Water Park is that Whispering Pines Resort has a debt/equity ratio of 2. What is the cost of equity for Whispering Pines Resort?

▸ 25.52%

▸ 13.40%

▸ 11.20%

▸ 14.49%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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ydnam23ydnam23
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Cell6 Author
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This helped my grade so much Perfect
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Thank you, thank you, thank you!
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Good timing, thanks!
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