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Aurora Company has a debt-equity ratio of 70 and a tax rate of 34 %. The firm does not istue preferred stock. The cost of

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Aurora Company has a debt-equity ratio of 70 and a tax rate of 34 %. The firm does not istue preferred stock. The cost of equity is 12 % and the after-tax cost of debt is 6 %. What is Aurora's weighted average cost of capital? 9.5% 8.5% 73% 7,9% 8.7%

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