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4. A company is 37% financed by risk-free debt. The interest rate is 12%, the expected market risk premium is 10%, and the beta of

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4. A company is 37% financed by risk-free debt. The interest rate is 12%, the expected market risk premium is 10%, and the beta of the company's common stock is 0.62 What is the after tax WACC, assuming that the company pays tax at a 35% rate? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) 10 points Alerta WACO % 60 Print

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