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mmer 2020 i Help Save & Exit Submit Dexter United has a debt equity ratio of 70 and a tax rate of 34 %. The

mmer 2020 i Help Save & Exit Submit Dexter United has a debt equity ratio of 70 and a tax rate of 34 %. The firm does not issue preferred stock. The cost of equity is 15% and the pre-tax cost of debt is 8.5%. What is Dexter's weighted average cost of capital? Multiple Choice 12.32% 10.74% 22% 1074% 1% 1260% 057%

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