Bermuda Cruises has only common stock and coupon bonds. The firm has a Debt-Equity ratio...
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Bermuda Cruises has only common stock and coupon bonds. The firm has a Debt-Equity ratio of 0.89. The cost of equity is 17.60% and the pre-tax cost of debt is 8.90%. What is the capital structure weight of the firm's equity if the firm's tax rate is 21.00%? 68.97% 52.91% 56.18% 47.09% 59.88%
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