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A firm has a cost of debt of 5.5 percent and a cost of equity of 14.7 percent. The debt-to-equity ratio is 1.17. There are

A firm has a cost of debt of 5.5 percent and a cost of equity of 14.7 percent. The debt-to-equity ratio is 1.17. There are no taxes. What is the firm's weighted average cost of capital?

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