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NARRBEGIN: Never-crash Airlines Never-crash Airline Never-crash Airline has a capital structure that consists of 30% debt and 70% equity. The company's cost of debt is

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NARRBEGIN: Never-crash Airlines Never-crash Airline Never-crash Airline has a capital structure that consists of 30% debt and 70% equity. The company's cost of debt is 7%. The company has a beta of 1.9. The risk free rate equals 4.5% and the expected return on the market portfolio is 15%. NARREND a 2. Assuming no taxes, what is Never-crash Airline's WACC? a. 7% b. 19.22% 24.45% d. 17.12% C

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