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10 Taro Inc. has EBIT of $160,000. The market value of debt is $300,000. The unlevered cost of equity is 12% and the cost of

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10 Taro Inc. has EBIT of $160,000. The market value of debt is $300,000. The unlevered cost of equity is 12% and the cost of debt is 8%. The tax rate is 35%. What is the weighted average cost of capital

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