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If a company is financed 10million by debt and 40million by equity, the after tax cost of debt is 4% and its cost of equity

If a company is financed 10million by debt and 40million by equity, the after tax cost of debt is 4% and its cost of equity is 14%, what is the overall cost of capital for the company?

A.15%

B.12%

C.9%

D.8.5%

provide calculation method

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