Question 64 Study Material The following details are provided by the GPS Limited: (5) Equity...
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Question 64 Study Material The following details are provided by the GPS Limited: (5) Equity Share Capital 65,00,000 12% Preference Share Capital 12,00,000 15% Redeemable Debentures 20,00,000 8,00,000 10% Convertible Debentures The cost of equity capital for the company is 16.30% and income tax rate for the company is 30% You are required to CALCULATE the Weighted Average Cost of Capital (WACC) of the company
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