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St. Vincent's Hospital has a target capital structure of 35 percent debt and 65 percent equity. It's cost of equity estimate is 13 percent and

St. Vincent's Hospital has a target capital structure of 35 percent debt and 65 percent equity. It's cost of equity estimate is 13 percent and its cost of tax-exempt debt estimate is 7.5 percent. What is the hospital's corporate cost of capital?

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