Problem 10.20 – Foust Company
Fundamentals of Financial Management, Concise
Brigham and Houston
09th Edition, 10th Edition, and 11th Edition
Given the shares of stock, stock price, dividend percent, EPS for each year, the interest rate on debt, marginal tax rate, and target capital structure… calculate the after-tax cost of debt, cost of common equity, and WACC.
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