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A company can issue bonds at an after tax cost of 1 0 % and has a cost of equity of 1 4 % .

A company can issue bonds at an after tax cost of 10% and has a cost of equity of 14%. The company has 10000000 shares trading at R5 on the stock exchange while it has R20000000 in liabilities. What is the company's WACC?
a.12.84%
b.10.00%
c.14.00%
d.11.89%
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