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Gigem Company has a target capital structure of 60% equity and 40% debt. Its cost of equity is 12%, and cost of debt is 7%.

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Gigem Company has a target capital structure of 60% equity and 40% debt. Its cost of equity is 12%, and cost of debt is 7%. what is Gigem's weighted average cost of capital (WACC)? Suppose there is no tax. Multiple Choice 9% 75% 0% 5.5%

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