Prime inc has an after-tax wacc of 1058 ear the, Financial Management

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Prime inc has an after-tax wacc of 1058 ear the

Prime Inc. has an after-tax WACC of 10.58% (EAR). The company’s cost of equity is 13.4% (EAR) and its semi-annual coupon bonds have a yield-to-maturity of 7.8% (APR, semi-annually compounded). The tax rate is 35%. What is Prime’s debt-to-equity (D/E) ratio?

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Financial Management: Prime inc has an after-tax wacc of 1058 ear the

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Financial Management: Prime inc has an after-tax wacc of 1058 ear the

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