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McQueen Car Store has a cost of equity of 10.2 percent. The company has an aftertax cost of debt of 6.0 percent. If the company's

McQueen Car Store has a cost of equity of 10.2 percent. The company has an aftertax cost of debt of 6.0 percent. If the company's debt-equity ratio is .65, what is the weighted average cost of capital? Convert to a percentage and round to one place past the decimal point.

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