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Brown Street Grocers has a cost of equity of 1 4 . 4 percent, a pre - tax cost of debt of 8 . 7

Brown Street Grocers has a cost of equity of 14.4 percent, a pre-tax cost of debt of 8.7 percent, and a tax rate of 21 percent. What is the firm's weighted average cost of capital if the company's long-term debt accounts for 40% of the firm?

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