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A company has 35% of its balance sheet as debt with a total amount of assets of EUR 3,250,000. If the company's cost of equity
A company has 35% of its balance sheet as debt with a total amount of assets of EUR 3,250,000.
If the company's cost of equity is 6% and its cost of debt 3%, and considering the corporate tax rate of 35%, what is the company's WACC (Weighted average cost of capital)?
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