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13 What is the WACC for a firm with 40% debt and 60% equity that pays 10% on its debt, 15% on its equity, and

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What is the WACC for a firm with 40% debt and 60% equity that pays 10% on its debt, 15% on its equity, and has a 40% tax rate? a. 9.6% b. 11.4% c. 15.6% d. 16.76%

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