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A firm has a capital structure that consists of 2/3 stocks and 1/3 bonds. The cost of equity is 9%, the cost of debt is

A firm has a capital structure that consists of 2/3 stocks and 1/3 bonds. The cost of equity is 9%, the cost of debt is 6%, and the corporate tax rate is 20%. What is the Weighted Average Cost of Capital (WACC) for the firm

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