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Then total invested capital of Farmer Brown's Restaurant is $3,000, $1,000 of which is debt. The firm's required rate of return on equity is 14.7%

Then total invested capital of Farmer Brown's Restaurant is $3,000, $1,000 of which is debt.

The firm's required rate of return on equity is 14.7% and its after cost of debt is 5.65%

Calculate Brown's WACC.

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