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Suppose McDonalds Inc. has debt with a market value of $18 billion outstanding, and a common stock market value of $42 billion, and a book

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Suppose McDonalds Inc. has debt with a market value of $18 billion outstanding, and a common stock market value of $42 billion, and a book value of $36 billion. Its debt's yield to maturity is 6.5% and CAPM is 9%. What is the firms pre-tax WACC (%) ? Answer to two decimal places

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