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The ABC Company has a cost of equity of 17.7 percent, a pre-tax cost of debt of 7.6 percent, and a tax rate of 31

The ABC Company has a cost of equity of 17.7 percent, a pre-tax cost of debt of 7.6 percent, and a tax rate of 31 percent. What is the firms weighted average cost of capital if the proportion of debt is 47.2%?

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