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As CFO of a major corporation, your Treasurer s office has reported a total market equity value of $ 5 0 0 million and total

As CFO of a major corporation, your Treasurers office has reported a total market equity value of $500 million and total market debt value of $550 million. They also report a percentage cost of equity and debt of 14% and 8% respectively. If your firm faces a 23% marginal tax rate and is consider an investment project with an IRR of 13.9%, what is your companies WACC and what decision should be made regarding the investment?

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