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Given the following information, what is the firm's weighted average cost of capital? Weight of debt = 28.57%; weight of equity = 71.43%; cost of
Given the following information, what is the firm's weighted average cost of capital? Weight of debt = 28.57%; weight of equity = 71.43%; cost of equity = 15%; cost of debt before tax = 12%; tax rate = 35%.
A) 11.28% B) 11.45% C) 12.94% D) 12.79%
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