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The ABC Company has a cost of equity of 24.76 percent, a before-tax cost of debt of 5.37 percent, and a tax rate of 26
The ABC Company has a cost of equity of 24.76 percent, a before-tax cost of debt of 5.37 percent, and a tax rate of 26 percent. What is the firm's weighted average cost of capital if the proportion of debt is 27%?
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