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37. Suppose a business common stock has a beta of 1.37, the risk-free rate is 3.4 percent, and the expected market return is 8.2 percent.

37. Suppose a business common stock has a beta of 1.37, the risk-free rate is 3.4 percent, and the expected market return is 8.2 percent. The yield to maturity in the firm's bonds is 7.6 percent and the debt-equity ratio is .45. What is the RWACC if the tax rate is 34 percent? Group of answer choices None of these is correct 9.27% 10.94% 11.65%

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