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The corporate tax rate is 2 1 % . ABC Corporation is financed with $ 1 5 0 million of bonds with an interest rate

The corporate tax rate is 21%. ABC Corporation is financed with $150 million of bonds with an interest rate of 10%, and with $450 million of common stock having a required return of 18%. This company's Weighted Average Cost of Capital (WACC) is ______.
11.25%
15.48%
9.25%
10.38%
13.23%

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