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A project is financed 50% via debt at an interest rate of 4% and 50% via equity requiring a 2% return on the IPO dividend

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A project is financed 50% via debt at an interest rate of 4% and 50% via equity requiring a 2% return on the IPO dividend value. What is the Weighted Average Cost of Capital (WACC)? (a) 6% (b) 3% (c) 2% (d) 1% (e) None of the above

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