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Peebon Limited has a target capital structure of 75% common stock, and the remaining percentage in debt. Its cost of equity is 9%. and the
Peebon Limited has a target capital structure of 75% common stock, and the remaining percentage in debt. Its cost of equity is 9%. and the cost of debt is 6%. The relevant tax rate is 29%. What is Peebon's total cost of
capital?
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