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Jack Corporation(JC) has $600,000 in equity and $400,000 in debt and its tax rate is 35%. JC has cost of equity of 6% and before

Jack Corporation(JC) has $600,000 in equity and $400,000 in debt and its tax rate is 35%. JC has cost of equity of 6% and before tax cost of debt of 5%. What is JCs WACC?

5.3%

5.6%

4.0%

4.9%

5.0%

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