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Take It All Away has a cost of equity of 10.90 percent, a pretax cost of debt of 5.51 percent, and a tax rate of
Take It All Away has a cost of equity of 10.90 percent, a pretax cost of debt of 5.51 percent, and a tax rate of 21 percent. The company's capital structure consists of 74 percent debt on a book value basis, but debt is 40 percent of the company's value on a market value basis. What is the company's WACC? Multiple Choice 9.33% 11.56% 7.51% 8.28% 8.74% O O O
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