CoffeeCarts has a cost of equity of 18%, has an effective cost of debt of 7%, and

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CoffeeCarts has a cost of equity of 18%, has an effective cost of debt of 7%, and is financed 60% with equity and 40% with debt. What is this firm’s WACC?

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Corporate Finance

ISBN: 9780273792024

3rd Global Edition

Authors: Peter Demarzo, Jonathan Berk

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