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A firm currently has a debt-equity ratio of 0.7. The debt, which is virtually riskless, pays an interest rate of 3%. The expected rate of

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A firm currently has a debt-equity ratio of 0.7. The debt, which is virtually riskless, pays an interest rate of 3%. The expected rate of return on the equity is 15 include the percentage sign in your answer. WACC= Section Attempt 1 of 1

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