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A company has a beta of 0.7, pre-tax cost of debt of 4% and an effective corporate tax rate of 18%. the weight of debt

A company has a beta of 0.7, pre-tax cost of debt of 4% and an effective corporate tax rate of 18%. the weight of debt in its capital structure is 20% and the rest is equity. the current risk-free rate is 0.8% and the expected madket return is 7.2%. what is the company's weighted average cost of capital?

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