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The Nickel and Copper Store has a cost of equity of 8.6%, a pretax cost of debt of 2.7%, and a tax rate of 35%.
The Nickel and Copper Store has a cost of equity of 8.6%, a pretax cost of debt of 2.7%, and a tax rate of 35%. What is the firm's weighted average cost of capital if the debt-equity ratio is 0.76?
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