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A company has outstanding debt with a market value of $350M and common stock with a market value of $450M. If its debt has a

A company has outstanding debt with a market value of $350M and common stock with a market value of $450M. If its debt has a before-tax cost of 6%, a before-tax cost of equity of 12% and a corporate tax rate of 30%, what is its WACC?

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