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The Nickel and Copper Store has a cost of equity of 1 1 . 1 % , a pretax cost of debt of 3 .

The Nickel and Copper Store has a cost of equity of 11.1%, a pretax cost of debt of 3.2%, and a tax rate of 26%. What is the firm's weighted average cost of capital if the debt-equity ratio is 0.20?

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