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Air Taxi, Inc. has provided the following information: Debt-Equity Ratio Target 0.35 Cost of equity 9.4 percent Pretax cost of debt 5.5 percent Tax rate
Air Taxi, Inc. has provided the following information: Debt-Equity Ratio Target 0.35 Cost of equity 9.4 percent Pretax cost of debt 5.5 percent Tax rate 30 percent Calculate the company's weighted average cost of capital. Download the linked spreadsheet template and use it for your answer. Once complete, upload the template to this question. Don't forget to show your work
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