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A firm has a debt-equity ratio of 0.80. The cost of equity is 14.5 percent and the aftertax cost of debt is 4.9 percent. What
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A firm has a debt-equity ratio of 0.80. The cost of equity is 14.5 percent and the aftertax cost of debt is 4.9 percent. What is the Weighted Average Cost of Capital?
a. 11.23%
b. 13.21%
c. 14.39%
d. 10.23%
e. 10%
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