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Assuming tax rate is zero, cost of capital (WACC) would be the same as the cost of debt for firms that are financed entirely by

Assuming tax rate is zero, cost of capital (WACC) would be the same as the cost of debt for firms that are financed entirely by equity.

it can not be determined.

entirely by debt.

by 50 percent equity and 50 percent debt.

by both debt and equity.

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