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9- A firm requires an investment of $30,000 and borrows $20,000 at 8%. If the return on equity is 15% and the tax rate is

9- A firm requires an investment of $30,000 and borrows $20,000 at 8%. If the return on equity is 15% and the tax rate is 30%, what is the firm's WACC(%)?

Answer to two decimal places 10- A firm with a capital structure of all equity is called ________.

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