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Burleigh's has a debt - equity ratio of 0 . 5 5 , a beta of 1 . 1 8 , a stock price of
Burleigh's has a debtequity ratio of a beta of a stock price of $ a share, and a tax rate of percent. The firm just paid an annual dividend of $ a share and plans to increase that amount by percent annually. The firm has a pretax cost of debt of percent. The riskfree rate is percent, and the market rate of return is percent. What is Burleigh's WACC?
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