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Given the following, what is the company's weighted average cost of debt? (One decimal place.) Debt 1: $2.4 million at 5.3% Debt 2: $5 million

Given the following, what is the company's weighted average cost of debt? (One decimal place.) Debt 1: $2.4 million at 5.3% Debt 2: $5 million at 6.6% The company's corporate tax rate is 25%

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