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Fuji Inc. is registered as a business in the film-making industry. It can borrow in the debt market at 5%. Its cost of equity with

Fuji Inc. is registered as a business in the film-making industry. It can borrow in the debt market at 5%. Its cost of equity with 50% debt is 10%. Its corporate tax rate is 20%. If the M&M world of taxes holds, what is the WACC for Fuji with 50% debt financing?

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