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Assume that XYZ Companys cost of equity is 16 percent. Its before tax cost of debt is 10 percent, and its marginal tax rate is

Assume that XYZ Companys cost of equity is 16 percent. Its before tax cost of debt is 10 percent, and its marginal tax rate is 40 percent. Its long-term debt is Taka 1200 million and equity is Taka 1800 million. Using the information calculate the XYZ Companys weighted average cost of capital (WACC)?

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