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A blueberry packer had average total assets of $2.7 million and average total liabilities of $1.5 million during the preceding year. Their cost of debt

  1. A blueberry packer had average total assets of $2.7 million and average total liabilities of $1.5 million during the preceding year. Their cost of debt for the year was 6.5 % and they estimate their cost of equity to be 12%. What is her weighted average cost of capital expressed as a percentage?

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