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Assume the expected return on Targets equity is 11.5% and the yield to maturity on its debt is 6%. Debt accounts for 18% and equity

Assume the expected return on Targets equity is 11.5% and the yield to maturity on its debt is 6%. Debt accounts for 18% and equity for 82% of Targets total market value. If its tax rate is 35%, what is an estimate for this firms WACC?

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