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Terence Terraforming Inc. has a capital structure of 21% debt and 79% common stock. The expected return on the firm's debt is 5.8% (pre-tax) and

Terence Terraforming Inc. has a capital structure of 21% debt and 79% common stock. The expected return on the firm's debt is 5.8% (pre-tax) and the expected return on the firm's equity is 9%. The firm's marginal tax rate is 21%.

Attempt 1/1 Part 1 What is the company's weighted average cost of capital?

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