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D Question 7 1 pts Flagstaff Enterprises expected to have free cash flow in the coming year of $8 million, and this free cash flow

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D Question 7 1 pts Flagstaff Enterprises expected to have free cash flow in the coming year of $8 million, and this free cash flow is expected to grow at a rate of 3% per year thereafter. Flagstaff has an equity cost of capital of 13%, a debt cost of capital of 7%, and it has a 35% corporate tax rate. If Flagstaff maintains a 0.5 debt to equity ratio, then Flagstaff's pre-tax WACC is closest to: A) 10.5%. B) 11.0% C) 9.0%. D) 10.0%

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