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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

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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%. What is Never-crash Airline's WACC, if their marginal tax rate equals 34% ? (Show all calculations for full credit.)

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