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The Five and Dime Store has a cost of equity of 14.8 percent, a pretax cost of debt of 6.7 percent, and a tax rate

image text in transcribed The Five and Dime Store has a cost of equity of 14.8 percent, a pretax cost of debt of 6.7 percent, and a tax rate of 34 percent. The firm's capital structure has 68.5% equity and 31.5% debt. What is the firm's weighted average cost of capital? 13.49 percent 11.72 percent 10.18 percent 11.53 percent

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