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Take it All Away has a cost of equity of 11,14 percent, a pretax cost of debt of 5.34 percent, and a tax rate of
Take it All Away has a cost of equity of 11,14 percent, a pretax cost of debt of 5.34 percent, and a tax rate of 21 percent. The company's capital structure consists of 66 percent debt on a book value basis, but debt is 32 percent of the company's value on a market value basis. What is the company's WACC? Multiple Choice 13.35% 928% 8.86% 8.93%
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