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20 0/5 points A company finances its operations and growth opportunities, using common equity and debt. The debt-to-equity ratio of the CI Corp. is 0.3.

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20 0/5 points A company finances its operations and growth opportunities, using common equity and debt. The debt-to-equity ratio of the CI Corp. is 0.3. If its cost of equity is 14%, and its pretax cost of debt is 5%, what comes closest to the company's WACC? The tax rate is 21%. 5.8% 6.796 6.3% 7.1% 4.5%

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