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Topstone Industries has a target debt-equity ratio of 1.3. The firm's cost of debt is 6.3% and the cost of equity is 13.0%. The company
Topstone Industries has a target debt-equity ratio of 1.3. The firm's cost of debt is 6.3% and the cost of equity is 13.0%. The company has a 30% tax rate. What is the firm's weighted average cost of capital
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