[Solved] Exercise \#1: Occidental Inc. has a debt-

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Exercise #1: Occidental Inc. has a debt-to-equity ratio of 3 . The ytm on its debt is 6%, the cost of equity according to the

Exercise \#1: Occidental Inc. has a debt-to-equity ratio of 3 . The ytm on its debt is 6%, the cost of equity according to the CAPM is 12%. The tax rate is 28%. What is the company's WACC

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