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Smooth Ride Inc. has a cost of equity of 12%, a pretax cost of debt of 6%, and a tax rate of 20%. Equity is

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Smooth Ride Inc. has a cost of equity of 12%, a pretax cost of debt of 6%, and a tax rate of 20%. Equity is 70% of the firm's market value. The company's weighted average cost of capital is 9.84%7.42%6.60%8.74%10.82%

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