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Ivy Fashions is expected to raise $ 1 0 0 million capital by selling 6 0 million bonds and use $ 4 0 retained earnings.
Ivy Fashions is expected to raise $ million capital by selling million bonds and use $ retained earnings. The firm has a cost of equity percent and a pretax cost of debt percent with a tax rate of percent. What is the firm's weighted average cost of capital?
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