makenzietayler786 makenzietayler786
  • 06-06-2023
  • Business
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6. A MNC has total assets of $60 million and debt of $30 million. The firm’s before-tax cost of debt is 9 percent, and its cost of financing with equity is 13 percent. The MNC has a corporate tax rate of 40 percent. What is this firm’s cost of capital?

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