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The ABC Company has a cost of equity of 22.9 percent, a pre-tax cost of debt of 5.3 percent, and a tax rate of 30

The ABC Company has a cost of equity of 22.9 percent, a pre-tax cost of debt of 5.3 percent, and a tax rate of 30 percent. What is the firms weighted average cost of capital if the proportion of debt is 73.7%?

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