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Assume Alpha Inc. has debt with a book value of $28 million, trading at 117% of par value. The bonds have a yield to maturity

Assume Alpha Inc. has debt with a book value of $28 million, trading at 117% of par value. The bonds have a yield to maturity of 7.1%. The firm has book value of equity of $26.6 million, and 1.8 million shares trading at $20 per share. The firm's cost of equity is 14.2% What is Alpha's WACC if the firm's marginal tax rate is 32%.

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