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A company has 210,000 shares of common stock outstanding with a market price of $57.50. The firm's beta is calculated at 1.35, the risk-free rate

A company has 210,000 shares of common stock outstanding with a market price of $57.50. The firm's beta is calculated at 1.35, the risk-free rate is 4.5%, and the market risk premium is 10.5%. Calculate the weighted average cost of capital (assume kD after tax).

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