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Terence Terraforming Inc. has a capital structure of 36% debt and 64% common stock. The expected return on the firm's debt is 6% and the
Terence Terraforming Inc. has a capital structure of 36% debt and 64% common stock. The expected return on the firm's debt is 6% and the expected return on the firm's equity is 10%. The firm's marginal tax rate is 21%.
What is the company's weighted average cost of capital?
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