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The Two Dollar Store has a cost of equity of 1 2 . 1 percent, the YTM on the company's bonds is 5 . 9

The Two Dollar Store has a cost of equity of 12.1 percent, the YTM on the company's bonds is 5.9 percent, and the tax rate is 22 percent. If the company's debt-equity ratio is .56, what is the weighted average cost of capital?
Multiple Choice
9.41%
8.22%
10.04%
7.54%
7.29%

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