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WACC Suppose that TapDance, Incorporated s capital structure features 7 0 percent equity, 3 0 percent debt, and that its before - tax cost of

WACC Suppose that TapDance, Incorporateds capital structure features 70 percent equity, 30 percent debt, and that its before-tax cost of debt is 8 percent, while its cost of equity is 13 percent. If the appropriate weighted average tax rate is 21 percent.
What will be TapDances WACC?

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