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A firm has a cost of debt of 6.3 percent and a cost of equity of 11.5 percent. The debtequity ratio is .69. There are

A firm has a cost of debt of 6.3 percent and a cost of equity of 11.5 percent. The debtequity ratio is .69. There are no taxes. What is the firm's weighted average cost of capital? 8.44% 8.66% 9.38% 9.87% 7.81%

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