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Swirl Pool, Inc. has estimated that its cost of common equity capital is 18 percent, and its cost of debt capital is 8 percent. The

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Swirl Pool, Inc. has estimated that its cost of common equity capital is 18 percent, and its cost of debt capital is 8 percent. The firm is financed with 60 percent common shares and 40 percent debt. It is subject to a 21 percent marginal tax rate. What is the after-tax weighted average cost of capital for Swirl Pool

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