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A company has a beta of 0.9, pre-tax cost of debt of 5.2% and an effective corporate tax rate of 30%. 24% of its capital

A company has a beta of 0.9, pre-tax cost of debt of 5.2% and an effective corporate tax rate of 30%. 24% of its capital structure is debt and the rest is equity. The current risk-free rate is 1.0% and the expected market return is 6.9%. What is this company's weighted average cost of capital? Answ

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