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CoffeeCarts has a cost of equity of 15.8%, has an effective cost of debt of 3.8%, and is financed 65% with equity and 35% with

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CoffeeCarts has a cost of equity of 15.8%, has an effective cost of debt of 3.8%, and is financed 65% with equity and 35% with debt. What is this firm's WACC? CoffeeCarts's WACC is 1%. (Round to one decimal place.)

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