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MC algo 14-17 D/E And WACC Wentworth's Five and Dime Store has a cost of equity of 11.5 percent. The company has an aftertax cost

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MC algo 14-17 D/E And WACC Wentworth's Five and Dime Store has a cost of equity of 11.5 percent. The company has an aftertax cost of debt of 5.1 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is 75, what is the weighted average cost of capital? Multiple Choice 7.42% 8.76% 6.81% 7.90%

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