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The Pomalift company has debt-to-equity ratio of 40% and is committed to maintaining that ratio in perpetuity. Pomalift's cost of debt is 4.2%. Teleferik Inc.,

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The Pomalift company has debt-to-equity ratio of 40% and is committed to maintaining that ratio in perpetuity. Pomalift's cost of debt is 4.2%. Teleferik Inc., a competing cable car company, has no debt and its shareholders require a return of 9.2%. The tax rate is 30%. What is Pomalift's WACC? 8.8% 8.4% 9.5% 8.2%

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