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Al's Wooden Sheds has a cost of equity of 11 percent and a pre-tax cost of debt of 7 percent The firm maintains a debt-equity

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Al's Wooden Sheds has a cost of equity of 11 percent and a pre-tax cost of debt of 7 percent The firm maintains a debt-equity ratio of 5 and has a tax rate of 35 percent. What is the firm's weighted average cost of capital

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