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If the cost of equity capital is 15% p.a., the company tax rate is 30%, the cost of debt is 12% p.a. and gamma =

If the cost of equity capital is 15% p.a., the company tax rate is 30%, the cost of debt is 12% p.a. and gamma = 0.60, what is the cost of capital rounded to one decimal place if the funding is 50% debt?

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