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Kelso's has a debt-equity ratio of 1.25 and a tax rate of 35 percent. The firm does not issue preferred stock. The cost of equity

Kelso's has a debt-equity ratio of 1.25 and a tax rate of 35 percent. The firm does not issue preferred stock. The cost of equity is 14.5 percent and the before-tax cost of debt is 7.4 percent. What is the weighted average cost of capital? 9.12% 8.55% 10.57% 10.84% 11.33%

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