kingjaheem7181 kingjaheem7181

20-12-2022
Business

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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 11%, and its tax rate is 25%. pearson's cfo estimates that the company's wacc is 10.80%. what is pearson's cost of common equity?

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