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Harris Inc. uses 60% debt and 40% common stock. The firms recent bonds have a yield to maturity of 9%. The risk-free rate is 7%,

Harris Inc. uses 60% debt and 40% common stock. The firms recent bonds have a yield to maturity of 9%. The risk-free rate is 7%, the market risk premium is 8%, and Harris beta is equal to 1.2. If the companys tax rate is 40%, what is the companys WACC?

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