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The common stock and debt of iOS Corp. are valued at $51 million and $28 million, respectively. Investors currently require a 14% return on the

The common stock and debt of iOS Corp. are valued at $51 million and $28 million, respectively. Investors currently require a 14% return on the common stock and a 6% return on the debt. There are no taxes. Calculate the weighted average cost of capital.

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