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Assume that you arc an intern with the Brayton Company, and you have collected the following data: The yield on the company's outstanding bonds is

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Assume that you arc an intern with the Brayton Company, and you have collected the following data: The yield on the company's outstanding bonds is 7.75%; the cost of equity is 9.5%; and the target capital structure is 45% debt and 55% common equity. The company has retained earning $85.000 and needs to raise $200,000 capital. What is the firm's WACC if firm maintains the same capital structure

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