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A firm has a market equity value of $30 million and debt has a market value of $10 million. What is the after tax weighted

A firm has a market equity value of $30 million and debt has a market value of $10 million. What is the after tax weighted average cost of capital (WACC) if the before tax cost of debt is 6%, the cost of equity is 16% and the tax rate is 21%?

		15.30%
		11.14%
		13.19%
		9.66%

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