Hello, can I get a step by step solution using excel. Thank you
Homework Answers
Ans 9.47%
| Investment | Tax Cost | After Tax cost = Tax Cost * ( 1 - Tax Rate) | Average Cost | |
| Debt | 40 | 6.9% | 5.38% | 2.15% |
| Common Stock | 60 | 12.2% | 12.20% | 7.32% |
| 100 | Total Cost | 9.47% | ||
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Hello, can I get a step by step solution using excel? Thank
you
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