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Shoop Bank has an average WACC of 11.36% and adjusts for risk by adding 2.48% to its average WACC. If Shoop considers a business loan

Shoop Bank has an average WACC of 11.36% and adjusts for risk by adding 2.48% to its average WACC. If Shoop considers a business loan above average risk, what is Shoop's risk adjusted WACC for a business loan?


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