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The expected return on a firms stock is 20% and currently the firm has no debt. The firm is contemplating changing its debt-equity ratio to

The expected return on a firms stock is 20% and currently the firm has no debt. The firm is contemplating changing its debt-equity ratio to . There are no corporate or personal taxes or bankruptcy costs and the risk-free interest rate is 10%. Under the new capital structure WACC will equal ________

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