Zorin Industries
Question
Question
Zorin Industries has a debt-equity ratio of 1.6. Its WACC is 13%, and its cost of debt is 8%. The corporate tax
rate is 35%
What is Zorin’s unlevered cost of equity capital? ANSWER IS 16.27 Please show all work so I can figure out where I went wrong
Zorin Industries has a debt-equity ratio of 1.6. Its WACC is 13%, and its cost of debt is 8%. The corporate tax
rate is 35%
What is Zorin’s unlevered cost of equity capital? ANSWER IS 16.27 Please show all work so I can figure out where I went wrong