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Assuming that a project has a loan of 8 million with a rate of 10%; and the capital is 10 million with an expected return

Assuming that a project has a loan of 8 million with a rate of 10%; and the capital is 10 million with an expected return of 12% .... How would the weighted average cost of capital be calculated if the tax rate were 30% ?:

I need the procedure

Answer: 0.0978

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