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Smooth Ride Inc. has a cost of equity of 10.84%, a pretax cost of debt of 5.47%, and a tax rate of 39%. Debt is

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Smooth Ride Inc. has a cost of equity of 10.84%, a pretax cost of debt of 5.47%, and a tax rate of 39%. Debt is 58% of the firm's market value. The company's weighted average cost of capital is

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