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Alpha Co. has a cost of debt of 8%. The risk-free rate of interest is 3% and the expected retum on the market portfolio is

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Alpha Co. has a cost of debt of 8%. The risk-free rate of interest is 3% and the expected retum on the market portfolio is II\%. If the firm has a beta of 1.7 and an effective tax rate of 30% with a capital structure that is 40% debt and 60% equity, what is the firm's weighted average cost of capital? 13.1 13,7 12. 10.4

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