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25. Kelso's has a debt-equity ratio of 0.55 and a tax rate of 35 percent. The firm doesn't issue preferred stocks. The cost of equity
25. Kelso's has a debt-equity ratio of 0.55 and a tax rate of 35 percent. The firm doesn't issue preferred stocks. The cost of equity is 10.5 percent and the after- tax cost of debt is 4.8 percent. What is the weighted average cost of capital? * (1 Point) 11.56 percent 11.06 percent 10.17 percent O 13.33 percent None of the above
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