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Skolis Corporation has a cost of equity of 11.3 percent and an aftertax cost of debt of 4.29 percent. The companys balance sheet lists long-term

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Skolis Corporation has a cost of equity of 11.3 percent and an aftertax cost of debt of 4.29 percent. The companys balance sheet lists long-term debt of $3315,000 and equity of $575,000. The company bends seli far 957 peccent of pat and the market to-book ratio is 2.65 times. If the company's tax rate is 24 percene what is the wacC? Minple Choice vares sin 10485

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