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A firm requires an investment of $60,000 and borrows $30,000 at 8%. If the return on equity is 18% and the tax rate is 35%,
A firm requires an investment of $60,000 and borrows $30,000 at 8%. If the return on equity is 18% and the tax rate is 35%, what is the firm's WACC? O A. 9.3% OB. 11.6% O c. 23.2% OD. 13.9%
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