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Rockets Corp is financed by stock and bonds. Currently, their stock is worth $10 million in equity and their bonds are worth 56 million. If

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Rockets Corp is financed by stock and bonds. Currently, their stock is worth $10 million in equity and their bonds are worth 56 million. If their cont of equity is 13%, their cost of debt is 4%, and their tax rate is 20%, what is their WACC? 1396 496 3.296 9.396

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