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Pella Manufacturings cost of equity is 16%. The firm raised all of its debt from a bank at an interest rate of 9%. Its marginal

Pella Manufacturings cost of equity is 16%. The firm raised all of its debt from a bank at an interest rate of 9%. Its marginal tax rate is 40%. Pellas current capital structure is 35% debt and 65% equity. What is Pellas WACC (Weighted Average Cost of Capital)

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