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Fortress Trading Company Limited has a Debt-to-Equity ratio of 25%. If the pre-tax cost of equity is 15% p.a. and the after-tax cost of debt

Fortress Trading Company Limited has a Debt-to-Equity ratio of 25%. If the pre-tax cost of equity is 15% p.a. and the after-tax cost of debt is 6% p.a., what is the companys Weighted Average Cost of Capital? Show your calculations.

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