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Firm XYZ has calculated its after-tax WACC to be 15%. The firms marginal corporate tax rate is 30%, the cost of its debt is 8%,

Firm XYZ has calculated its after-tax WACC to be 15%. The firms marginal corporate tax rate is 30%, the cost of its debt is 8%, and the debt-to-equity ratio is 1. What is the firms pre-tax WACC?

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