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Enron Mail |
I just remembered it as a 7 versus a 2. You are right.
-----Original Message----- From: Tu, Denis Sent: Friday, March 23, 2001 2:52 PM To: Hayslett, Rod Subject: Pre-Tax Return Did I miss something? 60% Debt at 7.5% 40% Equity at 15% Income Tax Rate at 38.5% Pre-tax return: =7.5% x 60% + (15% x 40%) / (100% - 38.5%) =4.5% + 9.76% =14.26%
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