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Shoop Bank has an average WACC of 11.81% and adjusts for risk by adding 2.16% to its average WACC. If Shoop considers a business loan
Shoop Bank has an average WACC of 11.81% and adjusts for risk by adding 2.16% 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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