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trer arzusaim / Corporate Finance (B17GMK12E-2020211-KTK-corpfiNB) / ltalnos / Corporate Finance How much is the weighted average cost of capital (WACC) for the company if

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arzusaim / Corporate Finance (B17GMK12E-2020211-KTK-corpfiNB) / ltalnos / Corporate Finance How much is the weighted average cost of capital (WACC) for the company if the cost of equity is 3,4 % and the cost of debt is 9,2 %? The total market value of company's common stock is $500 million and the total market value of the firm's debt is $300 million. The firm's tax rate is 40%. (5 points) Give the answer in percentage and round result to two decimals

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