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A company has outstanding debt with a market value of $250M and common stock with a market value of $550M. If its debt has a

A company has outstanding debt with a market value of $250M and common stock with a market value of $550M. If its debt has a before-tax cost of 7%, a before-tax cost of equity of 10% and a corporate tax rate of 40%, what is its WACC? A. 8.19% B. 6.55% C. 7.86% D. 5.44%

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