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Ho-ho-ho has a target debt-equity ratio of 0.67. (Hint: if you're not sure what to do about debt-equity ratio, watch my YouTube video on that

Ho-ho-ho has a target debt-equity ratio of 0.67. (Hint: if you're not sure what to do about "debt-equity ratio", watch my YouTube video on that topic!) The yield to maturity on its bonds is 10 percent. Its cost of equity is 18 percent. The corporate income tax rate is 33 percent. Calculate the WACC for this company

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