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A firm has a cost of debt of $5\mathrm{.}9$ percent and a cost of equity of $10\mathrm{.}7$ percent. The debt$-$equity ratio is $57.$ There are no taxes. What is the firm's weighted average cost of capital?

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$8\mathrm{.}96\%$

$8\mathrm{.}06\%$

$8\mathrm{.}27\%$

$9\mathrm{.}43\%$

$7\mathrm{.}46\%$