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A firm has $500 in debt at a cost of 7%, a 34% tax rate, a total firm value of $1.000, and an unlevered return

A firm has $500 in debt at a cost of 7%, a 34% tax rate, a total firm value of $1.000, and an unlevered return of 13%. What is the WACC?

Select one:

a. 9.24%

b. 10.79%

c. 11.41%

d. 10.99%

e. 11.84%

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