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Q34. Given the following information, what is GEM Corporation's WACC? EBIT -$2 million; tax rate cost of capital-14%; cost of debt-996. 34%; market value and

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Q34. Given the following information, what is GEM Corporation's WACC? EBIT -$2 million; tax rate cost of capital-14%; cost of debt-996. 34%; market value and book value of debt-$4 million; unlevered Choose one of the following answers 11.40% 11.90% 12.24% 12.60% No

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