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Booker Environmental has a target debt-equity ratio of 0.5. Its cost of equity is 15%, and its cost of debt is 11% (before tax). What

Booker Environmental has a target debt-equity ratio of 0.5. Its cost of equity is 15%, and its cost of debt is 11% (before tax). What is the firm's WACC given a tax rate of 31%? options: a) 12.78% b) 12.53% c) 13.48% d) 13.11%

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