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Question 2 1 pts The ABC Company has a cost of equity of 28.41 percent, a before-tax cost of debt of 3.57 percent, and
Question 2 1 pts The ABC Company has a cost of equity of 28.41 percent, a before-tax cost of debt of 3.57 percent, and a tax rate of 21 percent. What is the firm's weighted average cost of capital if the proportion of debt is 68%? Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.
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