please asap Baker Co. has a capital structure of 65% equity and...
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Baker Co. has a capital structure of 65% equity and 35% debt. The firm does not issue preferred stock and the tax rate is 30%. The cost of equity is 15.0 percent and the pre-tax cost of debt is 9.5 percent. What is the firm's marginal cost of capital (MCC)? Select one: 12.08 percent 12.25 percent 13.08 percent 12.85 percent
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