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A company's required return on equity is 12%. The company's required return on its long-term bonds is 6%. The firm's debt-to- total-value ratio is 65%

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A company's required return on equity is 12%. The company's required return on its long-term bonds is 6%. The firm's debt-to- total-value ratio is 65% and its marginal tax rate is 21%. Calculate the company's WACC. Please click on the following link to access a blank Excel-type worksheet: Blank XLS Worksheet.xls Click to open: 0 7.12% O 7.28% 7.39% 7.51%

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