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Charlotte's Crochet Shoppe has 1 1 , 9 0 0 shares of common stock outstanding at a price per share of $ 6 7 and
Charlotte's Crochet Shoppe has shares of common stock outstanding at a price per share of $ and a rate of return of percent. The company also has bonds outstanding, with a par value of $ per bond. The pretax cost of debt is percent and the bonds sell for percent of par. What is the firm's WACC if the tax rate is percent?
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