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Taylor's has a beta of.97 and a debt-to-equity ratio of .46. The market rate of return is 11.3 percent, the tax rate is 34 percent,

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Taylor's has a beta of.97 and a debt-to-equity ratio of .46. The market rate of return is 11.3 percent, the tax rate is 34 percent, and the risk-free rate is 2.2 percent. The pretax cost of clebt is 6.4 percent. What is the firm's WACC) Multiple Choice 8.39% o o 7.67% 8.16% O 9.46 O 8.Bas

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