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Suppose that TapDance, Inc.s capital structure features 6 5 percent equity, 3 5 percent debt, and that its before - tax cost of debt is

Suppose that TapDance, Inc.s capital structure features 65 percent equity, 35 percent debt, and that its before-tax cost of debt is 8 percent, while its cost of equity is 13 percent. Assume the appropriate weighted average tax rate is 34 percent. What will be TapDances WACC?

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