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QUESTION 18 Using multiplication, addition, subtraction and division, calculate the WACC using the following: Equity = 60% Debt = 40% Coupon on Debt = 5%

QUESTION 18 Using multiplication, addition, subtraction and division, calculate the WACC using the following: Equity = 60% Debt = 40% Coupon on Debt = 5% Required Return on Equity= 10% WACC=? express your answer as a percentage

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