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Consideram that has a debt-equity ratio of 1/3. The rate of return for debts 9% and the rate of return for equity is 11%. The

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Consideram that has a debt-equity ratio of 1/3. The rate of return for debts 9% and the rate of return for equity is 11%. The corporate tax rate is 39% What is the weighted average cost of capital? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include the percentage sign in your answer Enter your response below Number

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