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A firm has a cost of debt of 5.7 percent and a cost of equity of 10.3 percent. The debtequity ratio is .51. There are

A firm has a cost of debt of 5.7 percent and a cost of equity of 10.3 percent. The debtequity ratio is .51. There are no taxes. What is the firm's weighted average cost of capital?

7.87%

8.75%

7.29%

8.07%

9.21%

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