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A company has equity beta 1.8 and market value of equity $350 million. The yield to maturity on this company's debt is 8.4%. The market

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A company has equity beta 1.8 and market value of equity $350 million. The yield to maturity on this company's debt is 8.4%. The market value of that debt is $250 million. The risk-free rate is 4% and the expected return on the market is 12%; the tax rate of this company is 40%. What is the WACC? 12.83% 14.70% 11.43% 8.17% 10.03%

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