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Given the following data for Cozy Living Company: Debt (D) = $200 million; Equity (E) = $400 million; r D = 4%; r E =

Given the following data for Cozy Living Company: Debt (D) = $200 million; Equity (E) = $400 million; r_D = 4%; r_E = 15% and T_C = 21%. Calculate the after-tax weighted average cost of capital (WACC):

		10.67%
		9.62%
		8.80%

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