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Weighted Average Cost of Capital A Corporation has the following capital components: Bonds - $30,000,000 in market value and a YTM of 7%. . Common

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Weighted Average Cost of Capital A Corporation has the following capital components: Bonds - $30,000,000 in market value and a YTM of 7%. . Common Stock - $40,000,000 in market value and an Expected return of 12% Assuming a 40% tax rate, what is the company's WACC? Be sure to show your work

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