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Problem 11-15 WACC (LG11-2) Suppose that TapDance, Inc.'s capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of debt is

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Problem 11-15 WACC (LG11-2) Suppose that TapDance, Inc.'s capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of debt is 10 percent, while its cost of equity is 15 percent. The appropriate weighted average tax rate is 21 percent What will be TapDance's WACC? (Round your answer to 2 decimal places.) WACC % +

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