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QUESTION 11 Company A has a cost of equity of 19.8%, has an effective cost of debt of 4.4%, and is financed 71% with equity

QUESTION 11

Company A has a cost of equity of 19.8%, has an effective cost of debt of 4.4%, and is financed 71% with equity and the remaining with debt. What is this firms WACC?

NOTE: Answer in percentages. If your answer is 0.0204, you must answer 2.04. Do not use the "%" sign.

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