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Enzo, Inc. has a target capital structure of 30% debt and 70% common equity and is in the 40% marginal tax rate. If Enzo's before-tax

Enzo, Inc. has a target capital structure of 30% debt and 70% common equity and is in the 40% marginal tax rate. If Enzo's before-tax cost of debt is 9% and cost of common stock is 20%, what is the firm's WACC

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