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Evans Technology has the following capital structure. Debt 30 % Common equity 70 The aftertax cost of debt is 7.00 percent, and the cost of

Evans Technology has the following capital structure.


Debt	30	%
Common equity	70

The aftertax cost of debt is 7.00 percent, and the cost of common equity (in the form of retained earnings) is 14.00 percent.

a. What is the firms weighted average cost of capital?

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