12. A company's cost of equity is 21 per cent and the before-tax cost of debt is...
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12. A company's cost of equity is 21 per cent and the before-tax cost of debt is 14 per cent. It has net worth of *3400 crore and borrowings of *1360 core. The market capitalization of the company is 75100 crore. The tax rate is 30 per cent. What is the company's weighted average cost of capital?
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