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Brahms Inc. uses both debt and equity to finance its operations. The cost of equity is 13.6 percent and the after-tax cost of debt is

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Brahms Inc. uses both debt and equity to finance its operations. The cost of equity is 13.6 percent and the after-tax cost of debt is 5.21 percent. The weight of equity is 1/2 and the weight of debt is 1/2. What is the weighted average cost of capital? 10.76 percent 8.86 percent 9.41 percent

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