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Calculate the weighted average cost of capital given the following information: (Not all information might be used) The company has a cost of equity of
Calculate the weighted average cost of capital given the following information: (Not all information might be used)
- The company has a cost of equity of 12.4 percent.
- The company has an after-tax cost of debt of 4.7 percent.
- The company's debtequity ratio is .84
- The tax rate is 40 percent.
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