Technology1 min ago
exam q
2 Answers
A firm has an expected return on equity of 16% and an after-tax cost of debt of 8%. What debt-equity ratio should be used in order to keep the WACC at 12%?
Answers
Best Answer
No best answer has yet been selected by erichandley. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.