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ABC Inc. has one million shares outstanding and its most recent share price is $15. ABC Inc also has $17 million in bond financing. If

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ABC Inc. has one million shares outstanding and its most recent share price is $15. ABC Inc also has $17 million in bond financing. If the cost of equity is 19.76%, the before cost of debt is 7 88% and assuming a tax rate of 40% WACC of ABC Inc. = %

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