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Calculate the Weighted Average Cost of Capital (WACC) using the following information: Long Term Debt =$3 million Equity Capital =$2 million Current yield on debt

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Calculate the Weighted Average Cost of Capital (WACC) using the following information: Long Term Debt =$3 million Equity Capital =$2 million Current yield on debt =5.00% Tax rate =20.00% Cost of equity capital (from CAPM) =7.90%

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