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D/E is 4.0, cost of equity is 15%, pretax cost of debt is 5%, corporate tax rate is 35% Risk free rate is 300 basis
D/E is 4.0, cost of equity is 15%, pretax cost of debt is 5%, corporate tax rate is 35%
Risk free rate is 300 basis points lower than the pretax cost of debt. Find WACC.
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