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Assume that the after-tax costs of debt is 7% and the cost of equity is 12%. Determine the weighted-average cost of capital. a. 10.50% b.

Assume that the after-tax costs of debt is 7% and the cost of equity is 12%. Determine the weighted-average cost of capital.

a. 10.50%

b. 8.50%

c. 9.50%

d. 6.30%

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