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The ABC Company has a cost of equity of 25.41 percent, a before-tax cost of debt of 5.36 percent, and a tax rate of 22
The ABC Company has a cost of equity of 25.41 percent, a before-tax cost of debt of 5.36 percent, and a tax rate of 22 percent. What is the firms weighted average cost of capital if the proportion of debt is 28%?
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