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Simple calculation 2. Suppose cost of equity = 8%, cost of debt = 9%, debt ratio = 40%, and tax rate = 25%. Compute the

Simple calculation 2. Suppose cost of equity = 8%, cost of debt = 9%, debt ratio = 40%, and tax rate = 25%. Compute the weighted average cost of capital for the firm. Your answer should be given in % and rounded to two decimal places. For example, if your answer is 15.25%, enter 15.25. You don't need Excel for this problem. +

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