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A frm requires an investment of $30,000 and borrows $20,000 at 9%. If the return on equity is 15% and the tax rate is 25%,
A frm requires an investment of $30,000 and borrows $20,000 at 9%. If the return on equity is 15% and the tax rate is 25%, what is the firm's WACC? A. 7.6% B. 9.5% c. 11.4% D. 19%
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