What is the expected rate of return to equityholders if the firm has a 30% tax rate, a 10.20% rate of interest paid on debt, a 15.20% WACC and a 62% debt-asset ration?
a. 28.35%
b. 21.85%
c. 23.10%
d. 13.10%
Ans: a. 28.35%
Business
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Business