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BST Company's target capital structure is 40% debt, and 60% common equity. The cost of debt is 8.00%, and the cost of common equity is

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BST Company's target capital structure is 40% debt, and 60% common equity. The cost of debt is 8.00%, and the cost of common equity is 12%. The firm will not be issuing any new stock and has a tax rate of 30%. You were hired as a consultant to help determine their cost of capital. What is its WACC

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