[Solved] Terence Terraforming Inc. has a capital s

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Terence Terraforming Inc. has a capital structure of 32% debt and 68% common stock. The expected return on the firm's debt is 5.9% and the

Terence Terraforming Inc. has a capital structure of 32% debt and 68% common stock. The expected return on the firm's debt is 5.9% and the expected return on the firm's equity is 9%. The firm's marginal tax rate is 21%.

What is the company's weighted average cost of capital?

3 decimals

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