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The Plant company plants to invest 1,000,000 in projects next year. $700000 will be provided through debt captial with a a before captial with a

The Plant company plants to invest 1,000,000 in projects next year. $700000 will be provided through debt captial with a a before captial with a before tax cost of 7.3%. the remaining $300000 will be provided through equity captial at a cost of 6.5%. THe company's tax rate is 40%. what is the weighted average cost of captial?

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