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A firm has a market value of equity of $10,000. It borrows $20,000 at 9%. If the return on equity is 15% and the tax

A firm has a market value of equity of $10,000. It borrows $20,000 at 9%. If the return on equity is 15% and the tax rate is 30%, what is the firms WACC?

9.20%

7.36%

11.04%

18.40%

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