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ABC Corporation has a target capital structure of 7 5 percent common stock and 2 5 percent debt. Its cost of equity is 1 4

ABC Corporation has a target capital structure of 75 percent common stock and 25 percent debt. Its cost of equity is 14 percent, and the cost of debt is 8 percent. The relevant tax rate is 35 percent. What is the companys WACC?

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