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Kings Movers has a cost of debt of 5.65 percent and a cost of equity of 13.4 percent. The debtequity ratio is .65. There are

Kings Movers has a cost of debt of 5.65 percent and a cost of equity of 13.4 percent. The debtequity ratio is .65. There are no taxes. What is the firm's weighted average cost of capital (WACC)

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