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7. A corporation with a 28% combined income tax rate is financed 70% by debt and 30% by ownership. Its borrowing rate averages 6.2% and

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7. A corporation with a 28% combined income tax rate is financed 70% by debt and 30% by ownership. Its borrowing rate averages 6.2% and its stockholders have historically received a rate of return of 9.0%. What is its after-tax weighted average cost of capital (WACC) and MARR

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