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40% of a URC's funding comes from risk-free debt. the company's common stock has a beta of 0.5, a market risk premium of 8% and

40% of a URC's funding comes from risk-free debt. the company's common stock has a beta of 0.5, a market risk premium of 8% and an interest rate of 10%. suppose the company pays 20% tax on its profits. what is the company's after-tax wacc? calculate your answer as a percent rounded to 1 decimal place

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