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General Lithograph Corporation uses no preferred stock. Their capital structure uses 53% debt (hint: the rest is equity). Their marginal tax rate is 35.83%. Their

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General Lithograph Corporation uses no preferred stock. Their capital structure uses 53% debt (hint: the rest is equity). Their marginal tax rate is 35.83%. Their before-tax cost of debt is 5.4%. General Lithograph's stock has a beta of 3.47. The current risk-free rate is 1.06%, and the overall market is expected to return 7.55% over the long-run. What is General Lithograph's weighted average cost of capital (WACC)? Please enter without using the "%", but with two decimal places (in other words if you calculate 9.87% , then just enter 9,87)

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