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CC- Market value weights The market values and after-tax costs of various sources of capital used by Ridge Tool are shown in the following table:
CC- Market value weights The market values and after-tax costs of various sources of capital used by Ridge Tool are shown in the following table:
Calculate the firm's weighted average cost of capital.
Explain how the firm can use this cost in the investment decision-making process.
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The firm's weighted average cost of capital, ray using market value weights is
%. (Round to two decimal places.)
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