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CTP · Question #655
CTP Question #655: Real Exam Question with Answer & Explanation
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Question
- (Topic 7) The before-tax cost of long-term debt is 10% and the cost of equity is 12%. The marginal tax rate is 35%. The company's weighted average cost of capital is:
Options
- A6.3%.
- B8.3%.
- C10.6%.
- D11.3%.
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