Please solve it on excel Torp Industries has a debt-equity ratio of 1.5. Its...
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Please solve it on excel
Torp Industries has a debt-equity ratio of 1.5. Its WACC is 12%, and its cost of debt is 12%. The corporate tax rate is 35%
a. What is Torps cost of equity capital?
b. What would the cost of equity be if the debt-equity ratio were 2? What if it were 1?
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