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Smooth Ride Inc. has a cost of equity of 15%, a pretax cost of debt of 8%, and a tax rate of 30%. Equity is

Smooth Ride Inc. has a cost of equity of 15%, a pretax cost of debt of 8%, and a tax rate of 30%. Equity is 60% of the firm's market value. The company's weighted average cost of capital is 12.41%9.49%10.82%11.24%8.74%

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