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Homework answers / question archive / Johnston Company has a 7 percent cost of debt, a 50 percent debt ratio, and a 15 percent cost of equity

Johnston Company has a 7 percent cost of debt, a 50 percent debt ratio, and a 15 percent cost of equity

Finance

Johnston Company has a 7 percent cost of debt, a 50 percent debt ratio, and a 15 percent cost of equity. The marginal tax rate is 25 percent. What is Johnston's WACC if it were 100 percent equity financed?

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