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Question) A firm has an equity ratio of 0.72. Assuming the cost of equity is 9%, the cost of debt is 4%, and the company

Question) A firm has an equity ratio of 0.72. Assuming the cost of equity is 9%, the cost of debt is 4%, and the company tax rate is 30%, then what is the firm's WACC? a. 4.536% b. 7.264% c. 8.488% d. 11.8%

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