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Pid Compary has debt with a coupon rate of 5% and a yieid to maturity of 7%, and a cost of equity of 14%. The

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Pid Compary has debt with a coupon rate of 5% and a yieid to maturity of 7%, and a cost of equity of 14%. The market values of its debt and equity are $14 million and $14 million, respectively, and its tax rate is 20%. What is this firm's atter-tax WACC? Pids WACC is 1.. (Round to two decimal places.)

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