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25. Puregold has a cost of equity of 12%. Its cost of debt is 8%. Its tax rate is 35%. Weight of equity is 70%

25. Puregold has a cost of equity of 12%. Its cost of debt is 8%. Its tax rate is 35%. Weight of equity is 70% and weight of debt is 30%. What is its WACC?

Group of answer choices

a. 7.24%

b. 9.96%

c. 18.04%

d. None of the above

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