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QUESTION 30 SIROM Scientific Solutions has equity with a market value of $10 million and $5 million of bank debt. The bank debt costs 6%

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QUESTION 30 SIROM Scientific Solutions has equity with a market value of $10 million and $5 million of bank debt. The bank debt costs 6% per year. The estimated equity beta is 2. If the market risk premium is 8% and the risk-free rate is 3%, compute the WACC if the firm's tax rate is 21%. 12.66% O 12.93% 13.83% 14.25%

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