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17. Calculate the after-tax WACC based on the following information: nominal interest rate on debt =16%; cost of common equity =30%; equity to value =60%;

image text in transcribed 17. Calculate the after-tax WACC based on the following information: nominal interest rate on debt =16%; cost of common equity =30%; equity to value =60%; debt to value = 40%; and tax rate =25%. a. 10.0% b. 16.0% c. 19.8% d. 22.8%

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