Accounts cost of common equity : WACC

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					              Sub: Accounts                                            Topic: Cost of common equity and WACC

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              Cost of common equity and WACC

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              Cost of common equity and WACC

              Patton Paints Corporati
				
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posted:3/24/2010
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Description: Cost of common equity and WACC : Patton Paints Corporation has a target capital structure of 40% debt and 60% common equity, with no preferred stock. Its before-tax cost of debt is 12%, and its marginal tax rate is 40%.
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