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Alpa Bravo Company has a target capital structure of 40% debt and 60% equity. The firm has a tax rate of 35%, interest rate of

Alpa Bravo Company has a target capital structure of 40% debt and 60% equity. The firm has a tax rate of 35%, interest rate of 8%, and a cost of equity of 12%.

Calculate the firm's weighted average cost of capital (WACC).

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