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A firm requires an investment of $30,000 and borrows $15,000 at 8%. If the return on equity is 22% and the tax rate is 25%,
A firm requires an investment of $30,000 and borrows $15,000 at 8%. If the return on equity is 22% and the tax rate is 25%, what is the firm's WACC? A. 14% B. 16.8% C. 28% D. 112%
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