Apple inc capital structure

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Apple Inc. is currently equity-financed only with a beta of 1.1. Its tax rate is 35%. Risk-free rate and market risk premium are both 7%. Calculate the cost of equity if Apple Inc's capital structure consists of 30% debt and 70% equity.

  • 0.157
  • 0.168
  • 0.184
  • 0.191
  • 0.233
  • No enough information

Reference no: EM131317312

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