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Cougar Corp has market value of $26 million of equity and a market value of $10 million of debt. Cougar Corp has a tax rate
Cougar Corp has market value of $26 million of equity and a market value of $10 million of debt. Cougar Corp has a tax rate of 20%. If Cougar Corp has a cost of equity of 14.9% and a cost of debt of 7.5%, what is the WACC for Cougar Corp? (Answer in percent: For 0.05324 answer, 5.324)
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