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Tylor Industries has the following capital structure: Capital Structure Debt 40% Common Equity 60% The after-tax cost of debt is 6%, and the cost of

Tylor Industries has the following capital structure:

Capital Structure
Debt 40%
Common Equity 60%

The after-tax cost of debt is 6%, and the cost of common equity is 13%. What is the firm's weighted average cost of capital?

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