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The market value of XYZ corporation's common stock is $40 million and the market value of its debt is $60 million. The beta of the

The market value of XYZ corporation's common stock is $40 million and the market value of its debt is $60 million. The beta of the company's common stock is 1.8 and the return of market portfolio is 10%. if the treasury bill rate is 4%, interest rate of XYZ's debt is 5%, and the tax rate is 30%, what is the firm's cost of capital?

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