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A company s capital structure is 6 0 % equity and 4 0 % debt. The company has a required return on equity of 1

A companys capital structure is 60% equity and 40% debt. The company has a required return on equity of 18% and an average interest rate on its debt of 8%. With a 30% average tax rate, what is this companys weighted average cost of capital?
Group of answer choices
12.47%
13.04%
13.32%
13.86%

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