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Movie Moon has a target capital structure of 55 percent common stock and 45 percent debt. Its cost of equity is 14 percent and the

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Movie Moon has a target capital structure of 55 percent common stock and 45 percent debt. Its cost of equity is 14 percent and the pre-tax cost of debt is 8 percent. What is the firm's WACC given a tax rate of 21 percent? 11.3% 10.5% 14% 8%

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