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A firm has a cost of debt of 7.5 percent and a cost of equity of 16.2 percent. The debt-asset ratio is 0.30. There are

A firm has a cost of debt of 7.5 percent and a cost of equity of 16.2 percent. The debt-asset ratio is 0.30. There are no taxes. What is the firm's weighted average cost of capital? 12.69 percent Do 13.59 percent 11.97 percent 12.49 percent

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