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The market value of all PTX debentures is $15 million when the market yield for PTX debentures is 13.12%. The cost of equity for PTX
The market value of all PTX debentures is $15 million when the market yield for PTX debentures is 13.12%. The cost of equity for PTX Ltd is estimated to be 21.14% with the current market value of $30 million. The tax rate is 32%. Find the WACC for PTX Ltd.
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