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AllCity, Inc., is financed 3 6 % with debt and 6 4 % with common stock. Its cost of debt ( before tax ) is

AllCity, Inc., is financed 36% with debt and 64% with common stock. Its cost of debt (before tax) is 6.3%. It has an equity beta of 1.5. Assume the risk-free rate is 4.1%, the market risk premium is 5.8%, and AllCity's tax rate is 35%. What is its weighted average cost of capital? Enter your answer as a decimal, rounded to 4 decimal places.

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