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4) Take It All Away has a cost of equity of 10.66%, a pretax cost of debt of 5.35%, and a tax rate of 39%.

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4) Take It All Away has a cost of equity of 10.66%, a pretax cost of debt of 5.35%, and a tax rate of 39%. The company's capital structure consists of 72% debt on a book value basis, but debt is 32% of the company's value on a market value basis. What is the company's WACC? A) 8.29% B) 11.50% C) 7.01% D) 8.96% E) 9.56%

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