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Dubai Electricity and Water Authority (DEWA) is evaluating its cost of capital for upcoming projects. Calculate the Weighted Average Cost of Capital (WACC) for DEWA
Dubai Electricity and Water Authority (DEWA) is evaluating its cost of capital for upcoming projects. Calculate the Weighted Average Cost of Capital (WACC) for DEWA using the following information:
- Cost of Equity: 12%
- Cost of Debt: 5%
- Equity Weight: 70%
- Debt Weight: 30%
- Corporate Tax Rate: 20%
Compute the WACC for DEWA.
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