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A firm that uses 10% debt financing and 90% equity financing has a cost of debt of 8.5% and a cost of equity of 18%.
A firm that uses 10% debt financing and 90% equity financing has a cost of debt of 8.5% and a cost of equity of 18%. If the corporate tax rate is 35%, what is the firm's WACC?
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Financial Management Principles And Practices
Authors: Timothy J. Gallagher
9th Edition
1954156103, 978-1954156104
