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The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 15%, its before-tax cost of debt is 11%, snd its

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The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 15%, its before-tax cost of debt is 11%, snd its marginal ter ratt in 25\% Armime thet the firm's long-term debt sells at par value. The firm's total debt, which is the sum of the company's shart-term debt and lang-term dect, equais st,095. The firm hai sis5 sthere af common stock outstanding that sell for $4.00 per share. Calculate Pautson's WACC using market-yalue weights. Do not round intermeclate calculations. Pound your answer to the decmal places

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