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Suppose Deveron Cove Inc. has a 65/35 debt/equity split, 8% pre-tax cost of debt, and a 15% cost of equity. Let's assume the tax rate

Suppose Deveron Cove Inc. has a 65/35 debt/equity split, 8% pre-tax cost of debt, and a 15% cost of equity. Let's assume the tax rate is 21%. Please calculate WACC.

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