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1. Suppose a firm has 35 million shares of common stock outstanding at a price of $11.7 per share. The firm also has 400,000 bonds

1. Suppose a firm has 35 million shares of common stock outstanding at a price of $11.7 per share. The firm also has 400,000 bonds outstanding with a current price of $1006.3. The outstanding bonds have yield to maturity 6.4%. The firm's common stock beta is 1.6 and the corporate tax rate is 38%. The expected market return is 11% and the T-bill rate is 3%. What is the WACC for this firm? Weight of Equity (3 decimals) = Weight of Debt (3 decimals) = Cost of Equity (4 decimals) = After tax Cost of Debt (4 decimals) = WACC (4 decimals) =

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