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A firm has debt of $7,000, equity of $12,000, a cost of debt of 7 percent, a cost of equity of 14 percent, and a

A firm has debt of $7,000, equity of $12,000, a cost of debt of 7 percent, a cost of equity

of 14 percent, and a tax rate of 21 percent. What is the firm's weighted average cost of

Capital?

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