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A firm has a cost of debt of 5.6 percent and a cost of equity of 14.5 percent. The debtequity ratio is 1.14. There are

A firm has a cost of debt of 5.6 percent and a cost of equity of 14.5 percent. The debtequity ratio is 1.14. There are no taxes. What is the firm's weighted average cost of capital?

9.76%

9.01%

8.78%

8.13%

10.27%

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