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Debt as a percentage of the total capital of Majan LLC is 20%. Its cost of equity is 16% and the pre-tax cost of debt

Debt as a percentage of the total capital of Majan LLC is 20%. Its cost of equity is 16% and the pre-tax cost of debt is 12%. The tax rate is 50%. What is the overall cost of capital Majan LLC? a. 16% O b. 16.6% . 15% d. 14%

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