Business
Business, 19.03.2021 01:00, kiarrafryer

Given the following information, calculate the point in total funding where the firm will exhaust available retained earnings. bond yield: 7% tax rate: .38 available retained earnings: $4,500,000 cost of new common stock: 13.9% cost of retained earnings: 11.4% capital structure: 45% debt 7% preferred equity 48% common equity

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