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The overall cost of capital for Julius Seven is 11%. The firm is financed with 40% debt that offers a promised return of 7% and
The overall cost of capital for Julius Seven is 11%. The firm is financed with 40% debt that offers a promised return of 7% and has an expected return of 6%. Julius Seven is in the 35% marginal tax bracket. What is Julius Seven's weighted average cost of capital? a 10.2% b 6.5% c 11.0% d 9.6%
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