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Question 7: Calculate a firm's approximate WACC given that the debt-to-equity ratio is 3, the cost of debt is 8%, the cost of equity

Question 7: Calculate a firm's approximate WACC given that the debt-to-equity ratio is 3, the cost of debt is 8%, the cost of equity is 15%, and the firm's marginal tax rate is 30%: Answer: Question 8

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