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Please help me with this question so I can study. You were hired as a consultant to National Home Rentals (NHR), whose target capital structure

Please help me with this question so I can study. You were hired as a consultant to National Home Rentals (NHR), whose target capital structure is 40% debt, with common equity for the remainder. The interest rate on new debt is 6.00%, the cost of retained earnings is 14.25%, and the tax rate is 30%. The firm will not be issuing any new stock. What is NHR's WACC?

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