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The common stock of Buildwell Conservation & Construction Incorporated (BCCI) has a beta of 0.9. The Treasury bill rate is 4%, and the market risk

The common stock of Buildwell Conservation & Construction Incorporated (BCCI) has a beta of 0.9. The Treasury bill rate is 4%, and the market risk premium is estimated at 10%. BCCIs capital structure is 40% debt, paying an interest rate of 9%, and 60% equity. The debt sells at par. Buildwell pays tax at 21%.

What is its WACC?

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