Business, 16.07.2019 20:30 milkshakegrande101
Pearson motors has a target capital structure of 30% debt and 70% common equity, with no preferred stock. the yield to maturity on the company's outstanding bonds is 12%, and its tax rate is 25%. pearson's cfo estimates that the company's wacc is 12.50%. what is pearson's cost of common equity? do not round intermediate calculations. round your answer to two decimal places.
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Pearson motors has a target capital structure of 30% debt and 70% common equity, with no preferred s...
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