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The book value of Froogle Inc.'s common equity is $150 million; the market value of the equity is $400 million. The company's debt has a

The book value of Froogle Inc.'s common equity is $150 million; the market value of the equity is $400 million. The company's debt has a book value of $700 million and a market value of $600 million. Assuming Froogle's cost of equity is 10% and its after tax cost of debt is 5%, Calculate Froogle's weighted average cost of capital and WACC.

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