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If the interest rate on debt is 6.00% and the cost of equity is 12.00% and the income tax rate is 21%, then the weighted

If the interest rate on debt is 6.00% and the cost of equity is 12.00% and the income tax rate is 21%, then the weighted average cost of capital to a corporation with 70% debt is:

A. 10.67%

B. 6.92%

C. 9.79%

D. 6.32%

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