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A firm that uses 15% debt financing and 85% equity financing has a cost of debt of 75% and a cost of equlty of 17%.

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A firm that uses 15% debt financing and 85% equity financing has a cost of debt of 75% and a cost of equlty of 17%. If the corporate tax rate is 35 what is the firm's WACC? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the sign in your response. For example, an answer of 1539 should be entered us 15 39

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