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The Two Dollar Store has a cost of equity of 11.3 percent, the YTM on the company's bonds is 5.9 percent, and the tax rate

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The Two Dollar Store has a cost of equity of 11.3 percent, the YTM on the company's bonds is 5.9 percent, and the tax rate is 40 percent. If the company's debt-equity ratio is 48, what is the weighted average cost of capital? Multiple Choice 9.37% 8.40% 770%

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