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Give the data: Cost of equity: 5% Cost of debt: 7% %debt: 60% %Equity: 40% what is the weighted average cost of capital of this

Give the data:

Cost of equity: 5%

Cost of debt: 7%

%debt: 60%

%Equity: 40%

what is the weighted average cost of capital of this company?

A: 3.7%

B: 5.9%

C: 6.2%

D: 4.0%

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