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A firm requires an investment of $30,000 and borrows $10,000 at 7%. If the return on equity is 14% and the tax rate is 30%,
A firm requires an investment of $30,000 and borrows $10,000 at 7%. If the return on equity is 14% and the tax rate is 30%, what is the firm's WACC? OA. 8.8% O B. 21.9% O C. 11% O D. 13.2%
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