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Roger Company has a cost of equity of 11.02 percent, a pretax cost of debt of 5.42 percent, and a tax rate of 40 percent.

Roger Company has a cost of equity of 11.02 percent, a pretax cost of debt of 5.42 percent, and a

tax rate of 40 percent. The company's capital structure includes 36 percent debt. What is the

company's WACC?

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