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The Board of Grant Metal Inc has asked you to review its capital structure and determine ways to reduce the weighted average cost of capital.

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The Board of Grant Metal Inc has asked you to review its capital structure and determine ways to reduce the weighted average cost of capital. Looking at select data from the most recent financiat statements fshmwn in caan bit B), your conclusions about the debt equity mix are. Using the data in the Exhibit, the WACG of the compary is 6. The formula for computing WACC using the company's structure is

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