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RMEX has a market capitalization of $100 million and $40 million in debt. RMEX intends to maintain the same capital structure in the future. The

RMEX has a market capitalization of $100 million and $40 million in debt. RMEX intends to maintain the same capital structure in the future. The corporate tax rate is 33%. If RMEX's anticipated operating cash flow (OCEF) for next year is $7 million and its anticipated growth is 3% per year to infinity. What is RMEX's after-tax weighted average cost of capital (WACC)?

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