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Consider a firm with $ 3 5 . 8 5 in outstanding debt and $ 9 8 . 5 3 in equity. If the required

Consider a firm with $35.85 in outstanding debt and $98.53 in equity. If the required return on debt is 4.623%, the required return on equity is 12.039%, and the firm's tax rate is 25%, find the firm's weighted-average cost of capital to four decimal places. Assume no preferred stock is issued. For example, 0.0456 for 4.56%, not 0.04 or 4.56. using excel

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