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please answer will gove thumbs up of 1 Question 4 of 5 6 Points Firm A currently has debt-to-equity ratio of 0.5 and Firm A

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of 1 Question 4 of 5 6 Points Firm A currently has debt-to-equity ratio of 0.5 and Firm A is expanding its business and considering a $1 million non scale enhancing project in a new industry. Firm A will finance the project with a target debt-to-equity ratio of 0.4. There are three competitors in this new industry. All those three competitors have debt-to-equity ratio of 0.35, with equity betas of 1.1, 12 and 13. respectively. Those three competitors are equally weighted. Assume all companies in this industry can issue debt at the risk-free rate. Given the risk free rate of 5%, market risk premium of 7%. and corporate tax rate of 40%, find the WACC for Firm A's new project. Click "Browse to locate your file and then click "Upload" to upload your file. (Maximum file size: COMBI File Choose File No file chosen Upload Last autosaved at 5:28:55 PM

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