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Take It All Away has a cost of equity of 10.60 percent, a pretax cost of debt of 5.31 percent, and a tax rate of
Take It All Away has a cost of equity of 10.60 percent, a pretax cost of debt of 5.31 percent, and a tax rate of 40 percent. The company's capital structure consists of 70 percent debt on a book value besis but debt is 30 percent of the company's value on a market value basis. What is the company's WACC? o 961% 838% 709% 901% 11.82% 0
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