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A company provides the following financial information: Cost of equity 20% Cost of debt 8% Tax rate 40% Debt-to-equity ratio 0.8 What is the companys
A company provides the following financial information: Cost of equity 20% Cost of debt 8% Tax rate 40% Debt-to-equity ratio 0.8 What is the companys weighted-average cost of capital?
A. 14.7%
b. 13.3%
C. 11.5%
D. 9.8%
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