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The Two Dollar Store has a cost of equity of 11.8 percent, the YTM on the company's bonds is 6.3 percent, and the tax rate

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The Two Dollar Store has a cost of equity of 11.8 percent, the YTM on the company's bonds is 6.3 percent, and the tax rate is 39 percent. If the company's debt- equity ratio is .53, what is the weighted average cost of capital? Multiple Choice 8.56% 9.65% 6.60% 785% 9.04%

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