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9. KC Construction Company has the following amounts of interest-bearing debt and common equity capital: Financing Source Dollar Amount Interest Rate Cost of Capital Short-term

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9. KC Construction Company has the following amounts of interest-bearing debt and common equity capital: Financing Source Dollar Amount Interest Rate Cost of Capital Short-term loan $200,000 12% Long-term loan $200,000 14% Equity capital $600.000 22% Calculate the weighted average cost of capital (WACC) for the company

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