Jones soda estimates that its required return on stock is, Finance Basics

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Jones soda estimates that its required return on stock is

Jones Soda estimates that its required return on stock is 11.00 percent and the yield to maturity on its debt is 5.00 percent. The company's equity-to-asset ratio is 0.70 and the marginal tax rate is 20.00%. What is the company's weighted average cost of capital?

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Finance Basics: Jones soda estimates that its required return on stock is

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