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Take It All Away has a cost of equity of 10.69 percent, a pretax cost of debt of 5 37 percent, and a tax rate

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Take It All Away has a cost of equity of 10.69 percent, a pretax cost of debt of 5 37 percent, and a tax rate of 40 percent. The company's capital structure consists of 73 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis What is the company's WACC? Multiple Choice

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