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For a firm with debt and equity, what will be its WACC if it has 60% debt ratio, 8% cost of debt, 15% cost of
For a firm with debt and equity, what will be its WACC if it has 60% debt ratio, 8% cost of debt, 15% cost of equity, and a 35% tax rate?
a. 7.02%
b. 9.12%
c. 10.80%
d. 13.80%
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Principles Of Managerial Finance
Authors: Lawrence J Gitman, Chad J Zutter
7th Edition
0133546403, 9780133546408
