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A company's after-tax cost of debt is 5% and its cost of equity is 14%. If the company's capital structure weights are 65% equity and
A company's after-tax cost of debt is 5% and its cost of equity is 14%. If the company's capital structure weights are 65% equity and 35% debt, what is the company's WACC? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. Numeric Response
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