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Question 15 (1 point) Management at Moose Pastures Inc (MPI) believe that is optimal for the firm tu have a D/E ratio of 0.50. If

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Question 15 (1 point) Management at Moose Pastures Inc (MPI) believe that is optimal for the firm tu have a D/E ratio of 0.50. If the cost of equity for MPI is 14% and the after tax cost of debt is 9%, what is the WACC of MPI? 10% 11.5% 12.33% 14% 15.67% Page 3 of 5

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