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BN Enterprises currently has no debt and a 15.9% cost of equity. The tax rate is 30%. BN plans to issue debt with a cost

BN Enterprises currently has no debt and a 15.9% cost of equity. The tax rate is 30%. BN plans to issue debt with a cost of 6.7%. The funds will be used to to repurchases shares with a resultant capital structure of 30% debt.

What will BN's WACC be after the transaction?

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