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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 2/3 and the weight of debt is 1/3. What is the weighted average cost of capital? 10.80 percent 10.44 percent 12.60 percent

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