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A company has a D/E ratio of 0.42. The estimated aftertax cost of debt is 5.8%, while the estimated cost of equity is 16.2%. Assuming

A company has a D/E ratio of 0.42. The estimated aftertax cost of debt is 5.8%, while the estimated cost of equity is 16.2%. Assuming a marginal tax rate of 34%, what is the firm's WACC?

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