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The Two Dollar Store has a cost of equity of 12.4 percent, the YTM on the company's bonds is 5.7 percent, and the tax rate

The Two Dollar Store has a cost of equity of 12.4 percent, the YTM on the company's bonds is 5.7 percent, and the tax rate is 25 percent. If the company's debt-equity ratio is .59, what is the weighted average cost of capital? Multiple Choice 7.63% 7.29% 9.39% 10.01% 8.33%

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