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The Brooksby Clinic is a not-for-profit trying to estimate its corporate cost of capital. The bank has provided a debt instrument at 12% to provide
The Brooksby Clinic is a not-for-profit trying to estimate its corporate cost of capital. The bank has provided a debt instrument at 12% to provide 45% of the capital. The Brooksby Clinic will fund the remaining capital with equity. The cost of equity is 9%. What is the Brooksby Clinic's Corporate Cost of Capital
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