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ABC's cost of debt is 4.04% and cost of equity is 20.9%. The D/E ratio is 4.44. Assume no taxes. What is the firm's weighted

ABC's cost of debt is 4.04% and cost of equity is 20.9%. The D/E ratio is 4.44. Assume no taxes. What is the firm's weighted average cost of capital (WACC)? Enter your answer as a percentage rounded off to two decimal points.

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