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URGENT!!! A partnership requires a $830,000 investment today, and will generate a one-time cash flow of $961,566 after one year. The business will be financed
URGENT!!!
A partnership requires a $830,000 investment today, and will generate a one-time cash flow of $961,566 after one year. The business will be financed with 35% equity and 65% debt. If the firm can borrow at 8%, what is the pre-tax WACC?
a.) 17.06%
b.) 15.85%
c.) 15.25%
d.) 16.45%
e.) 14.65%
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