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The M&M Company is financed by $10 million in debt (market value) and $40 million in equity (market value) The cost of debt is 10

The M&M Company is financed by $10 million in debt (market value) and $40 million in equity (market value) The cost of debt is 10 percent and the cost of equity is 20 percent. Calculate the weighted average cost of capital assuming no taxes

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