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Suppose Johnnys company market value of debt is $10,000,000 and it has 1,200,000 shares selling at $15 per share. What is the WACC if the

Suppose Johnnys company market value of debt is $10,000,000 and it has 1,200,000 shares selling at $15 per share. What is the WACC if the cost of debt is 6% and the expected rate of return on the stock is 15.9%, given the marginal tax rate is 21%? What is the opportunity cost of capital?

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