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Upton Umbrellas has a cost of equity of 1 2 . 8 percent, the YTM on the company's bonds is 5 . 5 percent, and
Upton Umbrellas has a cost of equity of percent, the YTM on the company's bonds is percent, and the tax rate is percent. The company's bonds sell for percent of par. The debt has a book value of $ and total assets have a book value of $ If the markettobook ratio is times, what is the company's WACC?
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