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The current value of Maltas bonds is $82,400,000. The yield to maturity of the bonds is 8.21%. The companys market capitalization (equity value) is $160,000,000.

The current value of Maltas bonds is $82,400,000. The yield to maturity of the bonds is 8.21%. The companys market capitalization (equity value) is $160,000,000. The cost of equity is 12.80%. Malta's tax rate is 35%. What is Malta's weighted average cost of capital (WACC)?

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