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The Border Cafe has a debt-equity ratio of 0.40:1. Its cost of equity is 11.8% and its before-tax cost of debt is 6.5%. If the
The Border Cafe has a debt-equity ratio of 0.40:1. Its cost of equity is 11.8% and its before-tax cost of debt is 6.5%. If the corporate tax rate is 21%, what is Bubbakoos cost of capital (WACC)?
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