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Mangerial finance course 1. The U.S. and China have been engaged in heated trade negotiations. Now Joe Biden is the president of the USA. What

Mangerial finance course
1. The U.S. and China have been engaged in heated trade negotiations. Now Joe Biden is the president of the USA. What will happen to WACC if the trade negotiations end up in some kind of average 5% tax on each others products? (Assume your firm has significant business with China).
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