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Consider the information for the following 4 firms: Firm Cash Debt Equity rD rE c Eenie $0 $150 $150 5% 10% 21% Meenie $0 $250
Consider the information for the following 4 firms: Firm Cash Debt Equity rD rE c Eenie $0 $150 $150 5% 10% 21% Meenie $0 $250 $750 6% 12% 21% Minie $25 $175 $325 6% 11% 21% Moe $50 $350 $150 7.50% 15% 21% The weighted average cost of capital for "Minie" is closest to:
Group of answer choices 9.00%. 9.50%. 8.25%. 6.75%.
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