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Cost of Capital Example Textron Inc. (TXT) has market capitalization of $11 billion and outstanding debt of $4 billion. The average yield to maturity on

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Cost of Capital Example Textron Inc. (TXT) has market capitalization of $11 billion and outstanding debt of $4 billion. The average yield to maturity on Textron debt is 6%. Textron's equity beta is 1.6. If the market risk premium is 5%, the risk-free rate is 2%, and Textron's tax rate is 35%, what is Textron's weighted average cost of capital

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