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David Ortiz Motors has a target capital structure of 40% debt and 60% equity yield to maturity on company outstanding bonds is 9%, and company

David Ortiz Motors has a target capital structure of 40% debt and 60% equity yield to maturity on company outstanding bonds is 9%, and company tax rate is 40%. The financial officer of Ortiz has calculated the WACC company as 9.96%. What is the cost of the company's share capital?

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