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The long-term debt of Terrasys Inc has a market value of $25 million. The company has 10 million shares of stock, and their current

 

The long-term debt of Terrasys Inc has a market value of $25 million. The company has 10 million shares of stock, and their current stock price per share is $5.00. The cost of debt is 8.00%, and the judgmental risk premium is 4.25%. What is the company's WACC if the tax rate is 40%?

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