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F28 Inc. has a cost of equity and cost of debt of 12 and 10 percent, respectively. The current tax rate is 30 percent. The
F28 Inc. has a cost of equity and cost of debt of 12 and 10 percent, respectively. The current tax rate is 30 percent. The capital structure of the company shows a debt and equity weight of 55 percent and 45 percent, respectively. Company's weighted average cost of capital is close to: Select one: A. 7.50 percent B. 7.10 percent C. 8.00 percent D. 8.50 percent
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