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13. The company cost of capital for a firm with 40/60 debt/equity split, 8% cost of debt, 15% cost of equity and a 40% tax

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13. The company cost of capital for a firm with 40/60 debt/equity split, 8% cost of debt, 15% cost of equity and a 40% tax rate would be: A. 8.88% B. 10.80% C. 10.92% D. 12.20%

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