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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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