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Company A is financed by 28% of debt and the rest of the company is financed by common equity. The company's before-tax cost debt is

Company A is financed by 28% of debt and the rest of the company is financed by common equity. The company's before-tax cost debt is 5.2%, and its cost of equity is 15%. If the marginal tax rate is 30%, the company weighted average cost of capital (wacc) is___ ( round answer to 3 decimal )

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