he Paulson Company's year-end balance sheet is shown below. Its cost of common equity is...

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Finance

image he Paulson Company's year-end balance sheet is shown below. Its cost of common equity is \18, its before-tax cost of debt is \11, and its marginal tax rate is \25. issume that the firm's long-term debt sells at par value. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals \\( \\$ 1,142 \\). he firm has 576 shares of common stock outstanding that sell for \\( \\$ 4.00 \\) per share

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