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Discus the three pairs of elements of the weighted average cost of capital formula. What does the WACC denote? (For example, what does the WACC

Discus the three pairs of elements of the weighted average cost of capital formula. What does the WACC denote? (For example, what does the WACC = 9.7% suggest to the analyst?) Which WACC element, if any, is calculated after tax? Why? What does this suggest about using this asset class, courtesy of the US government?

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