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Shirley's and Son has a target debt-equity ratio of 1.4 . The firm's cost of debt is 55% and the cost of equity is 14%.

Shirley's and Son has a target debt-equity ratio of 1.4 . The firm's cost of debt is 55% and the cost of equity is 14%. The company has a 35% tax rate What is the firm's weighted average cost of capital? Multiple Choice 792% 824% 1093%

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