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A company has a pre - tax cost of debt of 5 % and a cost of equity of 9 % . Its debt -

A company has a pre

-

tax cost of debt of

5 %

and a cost of equity of

9 % .

Its debt

-

equity ratio

(

that

'

s debt as a percentage of equity

)

25 % .

Gimme the WACC.

IN EXCEL

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