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The Tailgate Store has a cost of equity of 8.6 percent. The company has an after-tax cost of debt of 4.5 percent, and the tax

The Tailgate Store has a cost of equity of 8.6 percent. The company has an after-tax cost of debt of 4.5 percent, and the tax rate is 39 percent. If the companys debtequity ratio is .76, what is the weighted average cost of capital?

8.34%

9.10%

8.85%

6.95%

6.83%

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