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A company has a ratio Borrowing/equity capital equal to 0.45 and tax rate 34%. The cost of equity is 9.4% and the cost of borrowing

A company has a ratio Borrowing/equity capital equal to 0.45 and tax rate 34%. The cost of equity is 9.4% and the cost of borrowing before tax equals to 8%. What is the weighted average cost of the capital?

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