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Reactive Power Generation has the following capital structure. Its corporate tax rater is 21% Required late of Return Security Debt Market Value $20 million 20

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Reactive Power Generation has the following capital structure. Its corporate tax rater is 21% Required late of Return Security Debt Market Value $20 million 20 million Preferred stock Common stock 10 What is its WACC? (Do not round intermediate calculations, Enter your answer as a percent rounded to 2 decimal places) WACC

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