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A company is 33% financed by risk-free debt. The risk-free interest rate is 1%, the expected market risk premium is 7%, and the beta of

A company is 33% financed by risk-free debt. The risk-free interest rate is 1%, the expected market risk premium is 7%, and the beta of the companys common stock is 0.60. What is the companys after-tax WACC, assuming that the company pays tax at a 35% rate?

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