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Finance warriors Ltd. is a financial technology firm that provides peer to peer lending. It has 35% debt and 65% equity in its capital structure.
Finance warriors Ltd. is a financial technology firm that provides peer to peer lending. It has 35% debt and 65% equity in its capital structure.
The firm estimated after-tax cost of debt is 11% and its estimated cost of equity is 15%.
Determine the firms weighted average cost of capital (WACC).
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