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Halley's Approximata, Inc. cost of equity is 17.9 percent and its aftertax cost of debt is 5.7 percent. What is the firm's weighted average

Halley's Approximata, Inc. cost of equity is 17.9 percent and its aftertax cost of debt is 5.7 percent. What is the firm's weighted average cost of capital (in percents) if its debt-equity ratio is 0.75 and the tax rate is 27.6 percent? Answer Tolerance: 0.125

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