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22 A firm requires an investment of $60,000 and borrows $20,000 at 8%. If the return on equity is 15% and the tax rate is
22
A firm requires an investment of $60,000 and borrows $20,000 at 8%. If the return on equity is 15% and the tax rate is 25%, what is the firm's WACC? O A. 14.4% O B. 12% O C. 24% OD. 9.6%Step by Step Solution
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