Business
Business, 30.07.2020 18:01, hjfcjds

Key Motors has a cost of equity of 11.29 percent and an unlevered cost of capital of 10.4 percent. The company has $22,000 in debt that is selling at par value. The levered value of the firm is $64,000 and the tax rate is 34 percent. What is the pretax cost of debt?

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Key Motors has a cost of equity of 11.29 percent and an unlevered cost of capital of 10.4 percent. T...

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