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Question 8 5 pts If the before-tax cost of debt is 7 % and the firm has a 35% marginal tax rate, the after-tax cost

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Question 8 5 pts If the before-tax cost of debt is 7 % and the firm has a 35% marginal tax rate, the after-tax cost of debt is %. (Round to 2 decimal places) Question 9 5 pts Blammo, Inc. has a target capital structure of 44% debt and the reminding percent from equity. The firm is planning to invest in a project that will necessitate raising new capital. New debt will be issued at a before-tax interest rate of 8.8%. If the required rate of return on the firm's stock is 18.4% and its marginal tax rate is 39%, the firm's weighted average cost of capital is % (Round to 2 decimal places)

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