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Take It All Away has a cost of equity of 10.48 percent, a pretax cost of debt of 5.23 percent, and a tax rate of
Take It All Away has a cost of equity of 10.48 percent, a pretax cost of debt of 5.23 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 26 percent of the company's value on a market value basis. What is the company's WACC? Multiple Choice 8.83% 12.30% 9.72% 7.50%
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