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Esderos Academy has a cost of equity of 1 0 . 5 % , a pretax cost of debt of 5 . 5 0 %

Esderos Academy has a cost of equity of

10.5 %,

a pretax cost of debt of

5.50 % .

and a tax rate of

21 % .

The company's capital structure consists of

35 %

debt. What is he company's WACC?

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