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5.0%, and the market risk premium ( rMrRF ) is 6.0%. Using the CAPM, MME estimates that its cost of equity is currently 11.3%. The

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5.0%, and the market risk premium ( rMrRF ) is 6.0%. Using the CAPM, MME estimates that its cost of equity is currently 11.3%. The company has a 25% tax rate. a. What is MME's current WACC? Do not round intermediate calculations. Round your answer to two decimal places. b. What is the current beta on MME's common stock? Do not round intermediate calculations. Round your answer to four decimal places. The proposed change will have no effect on the company's tax rate. e. What would be the company's new WACC if it adopted the proposed change in capital structure? Do not round intermediate calculations. Round your answer to two decimal places. f. Based on your answer to Part e, would you advise MME to adopt the proposed change in capital structure

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