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Suppose that TapDance, Inc. ' s capital structure features 7 5 percent equity, 2 5 percent debt, and that its before - tax cost of
Suppose that TapDance, Inc.s capital structure features percent equity, percent debt, and that its beforetax cost of debt is
percent, while its cost of equity is percent. The appropriate weighted average tax rate is percent.
What will be TapDance's WACC? Round your answer to decimal places.
WACC
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