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Aberdeen Corporation uses no preferred stock. Their capital structure uses 45% debt (hint: the rest is equity). Their marginal tax rate is 22.93%. Their cost

Aberdeen Corporation uses no preferred stock. Their capital structure uses 45% debt (hint: the rest is equity). Their marginal tax rate is 22.93%. Their cost of equity is 11.86%, and their before-tax cost of debt is 3.84%. What is Aberdeen Corporation's weighted average cost of capital (WACC)?

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