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A company finances its operations with 57 percent debt and the rest using equity. The annual yield on the company's debt is 4.1% and the
A company finances its operations with 57 percent debt and the rest using equity. The annual yield on the company's debt is 4.1% and the required rate of return on the stock is 13.3%. What is company's WACC? Assume the tax rate is 30%
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