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Duke Energy's capital structure is comprised of 5 1 % debt and no preferred stock; the rest of their capital is in the form of

Duke Energy's capital structure is comprised of 51% debt and no preferred stock; the rest of their capital is in the form of common stock. The cost of debt for Duke Energy is 3%, and the cost of equity is 9%. Duke Energy currently pays a corporate tax rate of 27%. What is Duke Energy's WACC?

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